POSTS TAGGED : business process

5 Business Processes to Update in 2021

January kicks off a new calendar year, but also a fresh fiscal year for many organizations. This means new budgets, updated plans for projects, and goals for the year.

Using inventory management software

As you review your budgets and plans for the coming months, consider the various business processes currently in place within your organization. Evaluate what needs to be improved and how you can upgrade it. Check out these five priorities for 2021 that can help you move your business forward.

1. Inventory Management

As your business grows, your inventory is likely to grow larger and more diverse. In 2021, it may be time to evaluate your existing systems to make sure you can manage your growing inventory to prevent overbuying or out of stock items.…

Continue reading →

5 Processes Every Business Owner Should Automate

Across all industries, automation has become a critical factor in a business’ success. According to a study conducted by Gleanster, almost 80% of top-performing companies use automation for marketing and have done so for years.

Business process automation

What’s great about automation is that it can be used by companies of all types. Big corporations, startups, small companies, and even freelancers can benefit from incorporating automation in many business processes, to include capturing leads, communicating with customers, and completing routine tasks in the office.

When processes are automated, business owners can devote more time and energy towards growing the business and ensuring it stays on the right path.…

Continue reading →

Someone Else Can Do These 5 Business Processes Better Than You (No Offense)

One trait successful entrepreneurs almost all have in common is the ability to say “no” — to dodgy proposals, out-of-left-field ideas, clients who bring a whole rat’s nest of strings to the relationship.

Still, many business owners like to think they can do it all. Maybe you’re one of them.

Business process outsourcing

What separates the truly great from the just-pretty-good is the ability to know when you’re better off outsourcing non-core business processes to outside partners capable of doing them right. These process might be super specialized and high-value; they might be wholly commoditized; or they might fall somewhere in the middle. What unites them is the simple fact that they’re not central to your core operations — your moneymaker, as it were.…

Continue reading →

Structure Your Business With Kanban

Starting a new business?

Want to increase your chances for success?

Every company, regardless of its size, needs to plan and establish an internal processes. Not only does a well-ordered set of core processes allow your business to consistently improve and streamline its operations, it also makes the sustainable expansion of those operations more likely.

Kanban

Many new entrepreneurs are so eager to get going that they often haven’t given much thought to how they should design and build the operational systems that define their business.…

Continue reading →

The Fine Art of Farming Out Functions

In their earliest days of operation, most entrepreneurs take great pride in performing all their company’s tasks in-house, sometimes even personally doing everything. It’s a phase that provides important lessons for the owners and employees, but in time a successful business owner will reach a point where it’s no longer practical to do everything alone.

Car loaded with watermelons

This doesn’t necessarily apply to the physical process of producing a good; you can maintain a high level of efficiency and still take on the entire assembly process yourself.

In-house vs. outsourcing

Shipping is a different story. Owner delivery can work up to a certain volume, but when you can no longer put the day’s output in your SUV and drop off deliveries on the way home, you have a decision to make.…

Continue reading →

How to Improve Your Customer Service Through Efficient Process

There are two types of business in the world, there are those that rely solely on the talent of their employees, and then there are those that measure, track and report back on the work done by their talent. By far and away, the second type of business is going to have more success with your customers.

Efficient customer service

Customers don’t care if part of your business is failing; they simply want to know that they’re going to get what they’ve paid for. Businesses that rely on talent alone are unstable and unpredictable, and when there’s a problem with an aspect of the business, there aren’t the processes in place to find it, isolate it, and fix it to get the product to the customer on time.…

Continue reading →