3 Ways to Make Your Business More Efficient
Imagine your company as a giant machine that needs its internal components fine-tuned and well-oiled to function smoothly. A viable business needs to operate at all times, as continuity is a crucial factor that you can’t ignore regardless of prevailing conditions at any point. Unfortunately, 48% of UK employees lose about three hours each day on inefficient systems. Here are a few ways to ensure your business runs more efficiently.
Contrary to what some people think, business automation isn’t the reserve of only large companies. Over the years and with rapid technological advancement, it has become a necessary tool in the global competitive market. Aside from the ease and convenience that come with automation, it saves your business time and money. A close assessment of your current business processes may reveal that some tasks are monotonous and time-consuming.
A business that operates with outmoded ways of completing daily tasks may not progress very quickly, making it essential for business owners to factor in business automation in the company’s day-to-day operations. For example, instead of relying on staff to work on order entries, you can automate all database interaction procedures. A few other business processes you can programme are:
Knowing what to automate will largely depend on the type of business you run. This will, in turn, contribute to business efficiency and promote growth.
Once considered a tool in the management of the public sector, outsourcing has moved from the fringes to the centre of business. Unlike the late 1980s, when it was deliberately used to disarm labour strikes and trim blue-collar councils, outsourcing is now considered an efficient cost-cutting measure. It enhances compliance, accountability, security and a list of other benefits to any business. The most common outsourced roles across the UK are IT Support and Wages & Salaries management.
Using an outsourced payroll ensures that your in-house finance and HR staff are spared the complex processes involved. Moreover, payroll is driven by numbers and a wealth of information on accounting and tax laws. Having a third-party specialist attend to this role means handing over the complicated nitty-gritty of compliance and payroll security issues to a trusted external party. It’s even more beneficial when the outsourced entity is located in the same country as the hiring party.
Distractions in the workplace should be kept to the barest minimum to enhance productivity. In every business setting, workflow interruptions could either be predictable or unpredictable. Highlighted below is how to categorise these interruptions:
Nonetheless, there are ways to resolve any of these categories to enhance work efficiency. For your predictable workflow interruptions, you can set specific times to check, for example, text messages, missed personal calls or emails. On the other hand, non-predictable interruptions will require robust backup plans to ensure continuity.
For instance, ensure your machines are serviced regularly as a measure against breakdowns. Secondly, always have an alternate internet connectivity system for your company. It helps to keep a standby generator or other power source when an outage happens.
It’s always advisable to place utmost priority on ensuring business efficiency in your company. The more efficiency, the less waste you’ll deal with, and efficiency can translate into profit maximisation when done well.
START YOUR OWN BUSINESS 2024 - CLICK BELOW TO DOWNLOAD A PDF BROCHIRE