Create Systems and Processes to Make Your Business More Productive

Work Life Balance Podcast: Business | Productivity | Results

As a business owner, it is quite easy for you to get caught up in running your business from day to day. This is even truer if you are into micromanagement as every small issue that arises will require your personal attention. You can take your business to new heights but at the cost of your personal and social life. Plus, rarely is it beneficial for a business to rely on one person so much, even if you have the largest stake in it. After all, the success of your business will benefit you the most.

Did you know that without effective day-to-day systems in your business, it can cost up to 20-30% of your annual revenue?

At some point, there will be a breaking point for you. You cannot keep on making all the decisions and taking all the important actions for your business. Sooner or later, you will start feeling the pressure and that could be dangerous for you and your business. In the beginning, you might be able to manage this quite easily. Success is the biggest motivator but when you reach the apex, it can sometimes become difficult to have that same spark you did when you were starting off.

Without a doubt, creating systems and processes to make the workplace more efficient does require a lot of effort initially. Yet, there are some great benefits to be had that make the exercise totally worthwhile. Some of them include things like:

· Gives you the time and space to focus on the most important revenue generation areas of your business.

· Enables you to explore new opportunities and broaden your business’ horizons.

· Makes your employees more responsible and productive.

· Significantly reduces training of a temporary employee or new employee.

· Provides you with the leisure time you need to keep yourself fresh, active, motivated, and inspired.

· Makes it seamless when a team member is out ill or on vacation and someone else has to fill in for them.

· Increases the value of your business, should you even want to sell it.

Simply speaking, when your firm has systems and processes for every job function, you will have more energy and vigor to contribute to your business. A business needs a leader who is willing to take charge of any situation. That is just not possible if you are mentally and physically exhausted. If you choose to persist with the way things are going on at the moment, it is only a matter of time before you start becoming ineffective and complacent.

What you have to realize is that even if your business runs independently of you, it doesn’t mean your authority has been undermined. In fact, it shows what a great business owner you really are. Putting the structure in place that will take your business to the next level will turn out to be your biggest achievement and one that is necessary for your business to get to where you want it to be. So, it’s about time we look at some of the steps you can follow to create systems and processes in your firm.
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As an experienced accountability coach and author of 5 books, I help business professionals make more money, work less, and enjoy even better work life balance.

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