In an increasingly technology driven world where instant access is everything,efficiency is vitally important to the success of your business – particularly if you own a startup or SME with limited resources. In fact, improving the smoothness of your day-to-day processes can help your business to stand out from the crowd in an ever saturated and competitive market. But where should you start? Here are five methods to make your business more efficient.
Outsource Daily Tasks
There are a number of daily tasks that are essential to the running of your business, but are also very time consuming. Outsourcing is a great method of increasing the efficiency of your business, by freeing up your time to focus on core business activities and increasing productivity. When considering outsourcing, employ external specialists to take care of the likes of payroll and associated financial functions, administration and social media management.
Track Progress, Productivity and Time
To get the most out of your business day, it is advisable to track your time, projects and meetings. Download time management apps to help you organise an online diary that you can share with employees, use a spreadsheet to assist with meeting deadlines, create schedules to assist with plan your social media content, or make a template for frequently repeated tasks. By doing so, you will be able to reduce wasted time procrastinating, travelling or checking emails, and increase the output of your business.
Continually Learn and Retrain
As creatures of habit, it can be incredibly easy to carry out tasks or approach problems in the same way, day-in and day-out. However, by doing so you could be missing out on new technologies or methods that could improve the efficiency of your business, or tackle new tasks in unproductive ways. To improve efficiency, do not be afraid to undertake training, both for yourself and your employees, which will help you to eliminate any wasteful time and improve output.
Be Ready for Catastrophe
They say that in life you should always be prepared for the worst, so it makes sense to employ the same thinking when it comes to your business. After all, while living in an internet-driven society has it’s positives, it also has it’s draw backs. What do you do if your server gives up? Or your computer becomes infected? Make sure to consider the worst so that you’re ready for a technology disaster – such as backing up documents, or printing and posting hard copies using an express service like the one from TNT.