Collaborative Post: It doesn’t matter how big or small your business is. If it’s not running efficiently, then chances are you are losing time and money. Not everyone has infinite resources to accommodate wasted resources. Being able to operate more efficiently will set you up for success regardless of the indistry you are in.
Delegate
Delegating small tasks can help you free up your time for the most important aspects of running your business that require your explicit attention. After all, you only have a certain number of hours in the working day, and you cannot realistically do everything all at once.
Successful delegation means trusting others with certain tasks and utilizing people’s specific skill sets to enable you to consistently deliver results without increasing your workload or letting things slip. Have checks and processes in place to monitor the work being done and build trust within your team over time as they become an integral part of the company.
Automate
Automation is key when it comes to completing ongoing repetitive or time-consuming tasks. If you’re finding yourself getting bogged down with tasks that take up a lot of time or need to be done frequently, then you need automation. Be it sending out emails, merchant onboarding in python, data collection and analysis, your social media, supply chain management, or anything else, don’t fear automation. Integrate it instead.
Embrace Change
A great way to help you improve what you do and how you do it is to embrace change. This allows you to see things differently, keep looking for new and, improved ways to do what you do, and integrate new methodologies into your processes. Remember that just because something has always been done in a certain way, it doesn’t always have to be done this way. Embracing change and new ideas, products, and working habits can afford you a great way to simplify what you do and always strive for improvement.
Outsource
Outsourcing has long been used by businesses worldwide to help them complete functions and aspects of running a company. Outsourcing enables you to hand over parts of the company to be taken care of by third parties, so you don’t have to do it yourself. By doing this, you can lean on others to provide skills, expertise, and experience in that given area to deliver the desired results without taking up your time. This can be an excellent way to delegate outside the company, especially for those areas you’re not skilled in, such as cyber security, accounting, marketing, etc.
Tools and Software
Using any tools at your disposal or aimed at your industry can allow you to make things easier and more seamless and improve output. It could be you use CRM for sales and customer tracking, or you might want to use inventory software to track orders and deliveries coming in and leaving your facility or use quality control tools and software to help you remove inefficiencies and imperfections from your products and reduce waste, time loss and improve standards.
Fraser’s Fun House 