We live in the 21st century, also known as the digital age, where technology is an integral part of everyday life. In order to compete in today’s market, business owners must embrace that reality. For some small business owners, the prevalence and rapid rise of technology in today’s society may seem a little scary.
When it comes to manufacturing, determining the right process is everything. But developing the right process for each element of your small business is something that takes a lot of time and constant editing. Many people are familiar with the brand Toyota, but not many people know all of the changes the company’s manufacturing process had to undergo before it could become what it is today.
Effective communication is a necessity for small businesses. Not only does it increase morale, engagement and commitment among employees, but it also reduces grievances that may arise from misunderstandings. To make sure that communication is clear and consistent, Standard Operating Procedures (SOPs) are needed. Standard Operating Procedures are a list of step-by-step instructions on how certain tasks should be completed. Employees don’t have to guess what to do in various situations, because management will have already outlined a clear procedure to follow.
In small businesses, obtaining clients is a primary objective for growth. It’s pretty much Business 101. The more clients you have, the more your business grows. Every small business owner has their own way of running their business, particularly when it comes to onboarding new clients, but the general definition of what this should look like is as follows:
The holidays are coming, and so is the rush for everyone to get ahold of the perfect gifts for their loved ones. Essentially, this is good news for business owners because it means an increase in sales, but because it also means an increase in demands, this season requires a lot of preparation. So what can small business owners do to prepare themselves for the holidays?