Wasted time is the business owner’s boogieman. And there’s a good reason to be afraid: while the numbers aren’t out for the US, English business owners are estimated to lose 26 billion pounds per year because of wasted time.
The most important thing that you can do for your business is increasing business efficiency. And luckily, it’s quite easy.
If you follow these five simple tips, your company will be able to reinvest a lot of money. They don’t take a lot of effort and are proven to work.
So read on, and start saving money!
Have a 10-Minute Meeting To Start Each Day
People think of meetings as a necessity only when something important is happening. But the reality is a lot more complicated: in fact, many businesses can benefit from a daily meeting.
Think about it like this: business efficiency involves dealing with issues before they become major concerns. A lot of meetings happen because of a specific issue, and many of those issues could be dealt with gradually through 10-minute check-ins.
There’s a reason so many business professionals swear by the 10-minute team meeting. It’s a smart way to get connected that really works.
Longer meetings will still be important for your business. But you can cut down on them while making sure that employees focus on the right task by holding ten-minute, beginning of the day team meetings.
Use Automation To Boost Business Efficiency
Automating tasks is one of the best ways to make your company more efficient. By allowing a computer to handle certain elements of your company’s responsibilities, you can allow your employees to do things that require people.
Every industry will make use of automation in the future. From agriculture to finance, it’s a powerful force for working alongside employees.
There are a lot of tasks in your office that can probably be automated. As a business owner, it is your responsibility to find these opportunities and make your company more efficient and effective.
This won’t just save you time: it will also save you money. Automation can be a steep initial investment. But in the long run, it can be far more cost-effective than paying a salary.
If you want to increase the efficiency of your business while saving money, then automation is the way to go.
Outsource An Answering Service
If you’re paying somebody to answer the phone, or else having an employee add it to her regular tasks, your business will experience some problems.
Answering the phone is a way to kill business efficiency. It may not seem like a big deal in the short-term, but in the long run, it can be incredibly harmful and, in some ways, pointless.
There are easy ways to outsource your company’s answering services. Not only will these methods save you money and time, they’ll also make things more convenient for customers and others who call in by avoiding overpowered phone lines.
Whether you’re looking for somebody to answer the phone for your law firm or a 24×7 Doctors Answering Service, it’s affordable and easy to outsource your own answering system.
Answering the phone can make it hard to be efficient and effective. This is an important step to making sure that this does not kill your business efforts.
Have A Motivated Business Culture
There’s one thing even more important than schedules when it comes to business efficiency. It’s motivation.
If you can’t motivate your employees, then you’ll find it extremely difficult to build an efficient workplace. An efficient office is based on employees who want to do a job quickly and properly.
If your employees are not motivated, there are two possibilities. In the first, your employees take longer to do their work. In the second, work is done quickly but poorly to damage the efficiency of your office.
In either case, this is something to avoid. If the first thing happens, your entire flow of operations will be clogged up.
If the second happens, you’ll have to keep going over the same work. Even worse, you’ll risk passing on bad work to your customers and clients.
In either case, there are plenty of ways to keep employees motivated. Offering raises, having fun team bonding exercises, and giving honest feedback to employees is absolutely essential.
One unmotivated employee needs to boost his own motivation. But if you have fifteen or twenty unmotivated employees, there’s probably a cultural problem within your office.
You need to avoid a culture of low motivation in your office. Building a culture in which your employees don’t just have to work, but actively want to work, can go a long way towards building an effective company.
Block Out Uninterrupted Work Time
We all know that distractions kill business efficiency. But distractions are not the only way for your employees to get interrupted.
There are a number of obstacles that you can experience in the workplace. One of those focus obstacles is having a big meeting in the middle of completing an assignment.
It may not seem like a big deal, but this meeting can have a snowball effect. It leaves less time for your employees to get that assignment done, and the extra time added later takes away from later work.
If you care about making your business run efficiently, you need to block out uninterrupted work time for your employees. You’ll be amazed at how much more quickly things get done.
Take Business Courses
If you want to increase business efficiency, one of the best things to do is take courses. There are a number of online courses you can take to improve your company’s ability to get work done quickly and properly.
Our online courses are perfect for teaching business skills in an effective and affordable way. So stop wasting time at work, and learn with us.