Many small businesses start out doing tasks the long way. While that might work initially, especially when they’re still learning how things work, eventually, it will only waste time, money, and energy. It might even lead to the collapse of the business altogether. Before becoming the smooth-running, highly-profitable small business of your dreams, you must […]
Efficiency
How to Make Your Business Truly Efficient
The efficiency with which your business operates is something you and your team can work on. And you certainly should if you want to improve productivity, boost positive outcomes and save you money at the same time. We’re going to talk today about some of the changes you can make to your business in order […]
5 Keys to Boosting Efficiency in Your Business
Boosting efficiency offers a raft of benefits for businesses looking to save time and money and gain an advantage over competitors. In this guide, we’ll discuss effective steps entrepreneurs can take to increase business efficiency. Outsourcing Running a business involves keeping several cogs turning simultaneously. To achieve optimum results, you may need to expand and […]
Daily Habits Lead to Organizational Efficiency
Whether you lay out detailed instructions for the daily duties of your employees or you prefer to take a more free-rein approach to management, it’s extremely important that your employees develop the right habits. Here are a few steps to follow that promote maximum efficiency within an organization through habitual processes. Identify Necessary Procedures Start […]
Could You Be Your Company’s Bottleneck?
So many tasks; so little time As a manager, you have a number of critical tasks that are general to your position as opposed to specific to your industry. These include ensuring the continued health of the organization, setting the moral compass for your stakeholders, providing for succession by training and documenting, leading the effort […]
How to Build a Solid Business Process That is Poised for Growth
When your business starts to grow, you might find that some of your processes are actually hindrances. They could be repetitive; some can be made a part of just one process, while some are actually useless. It is common for start-ups to have business processes that are all over the place. It may be manageable […]
7 Lead Generation Tactics Thrive on Limited Budgets
Contrary to popular opinion, viral marketing has not eliminated the need for old-fashioned lead generation to bring customers to a startup. Indeed, while the rules and technologies for lead generation have changed, Forrester and other experts still see it as the most effective way for businesses with limited budgets to maximize their return on marketing investment […]
Are You the Bottleneck in Your Organization?
At many board meetings, I can be counted upon to ask, “Where’s the bottleneck this month?” Senior management is usually prepared with an answer, and a good discussion of resource availability and application follows. Sometimes, the bottleneck is not so visible to the CEO. In those instances, I follow with: “Do you notice people waiting […]
Is Your Company or Department as Efficient as It Should Be?
There is more money lost in businesses today from inefficient processes than any other single area. Yet this is not a place where most managers feel comfortable deconstructing and rebuilding. Somewhere out there is a consultant or future employee (or even suggestions from present employees) that will provide the roadmap toward making your processes run […]
How AI is Helping to Reduce Waste in Digital Advertising
According to Chartbeat analytics, two out of three clicks on native advertising bounces in 15 seconds or less. From Facebook to Outbrain, it costs three times the cost of a click for a content marketer to get any meaningful engagement with their work. According to that same study, users who spend 15 seconds or more on […]
