What are some business changes that you can make to help you add real value in areas that need it? Value-adding to your business can bring so many benefits, not just to help your business grow, but also for your employees as well.
The 7 changes we’ll talk about are:
- Renew your business plan or goals
- Upgrade your business software
- Improve your processes
- Increase staff training
- Increase self-training
- Change the business culture
- Take a holiday
When you look at the 7 business changes you can make, you might be asking yourself “These all sound too hard or expensive”. Or you’re probably looking at number 7 and thinking “I don’t have time for a holiday”, which is a problem! Let’s dive in to see what each of these steps mean and see why they do make such a big difference.
1. Renew your business plan or goals: When you started your business, did you even have a business plan or did it all just kind of develop as you went along? If you did plan one, how far into the future did you go, and you have achieved all your goals, what next? While your business is running, it’s always a good idea to just take a look at what your goals are, and re-plan if necessary. You might have got to where you wanted faster than you imagined, or you are still unable to achieve something you really want to. By taking a look at your business plan, it allows you to regroup and really focus on what the next step of the business can be.
2. Upgrade your business software: While most business software gets regular upgrades from the vendor, are you taking advantage of them, or looking at alternatives that might offer a better suite of features? Don’t think that just because you’re the owner or manager that you know everyone’s gripes with the current setup, you might not use all the different software products after all. Check in with your staff who actually use the products and see if they are having issues. Consider looking at a software solution that provides the capabilities of combining multiple software products into one, such as Accentis Enterprise does with ERP. You’d be surprised what’s possible and how much money can be saved with a new solution.
3. Improve your processes: When you change your goals or business software, you’re most likely going to need to change your processes. Even if you haven’t changed your goals or upgraded software, it’s still a good idea to look at the processes of each job and see if there are any double-ups or cross-over skills that can be used to save both time and money. As you’ve grown, you might not have adjusted how you do things, and what was efficient at the start is most likely holding you back now, so it’s a great time for a change.
4. Increase staff training: It’s easy to hire someone on face value from their resume qualifications or based on their skill level when they started with you, but is that the best they can do? Ask around the staff and see if they think there’s any training that they would like to do to not only improve their knowledge, but increase their work capabilities for you. The benefits this can bring will continually grow as, if someone learns the skills of multiple staff, if a key staff member goes on holidays or is sick, you can have other employees step in and still get the job run, keeping the business running smoothly. It results in fewer staff unable to complete the work, and more staff feeling empowered that they contribute more to the goals of the business.
5. Increase self-training: Do you know all there is to know because you’re the boss? Probably not, but that’s OK, you don’t need to know everything. There are times though when you might be able to learn a small bit of knowledge from staff and how they do things, or just learn about your staff as a whole. Maybe as a business you want to pivot into a new area and you need to up-skill yourself so you can make a better informed business decision to do that. Knowledge is power, and with that power comes opportunities to improve.
6. Change the business culture: This step can be decidedly difficult depending on what is in place, as many staff can equal many different personalities, beliefs and disrespecting these could make things worse. Changing the culture of a business won’t happen overnight, but small changes can make a big difference. Do you celebrate birthdays the same way every year, or change the tradition and do something fun. Maybe you can start a tradition and make every third Friday drinks at the pub or someone has to bring in morning tea for everyone. The business culture helps current employees to learn about each other, and new employees to feel welcome and will lead to an increase in acceptance between multiple staff.
7. Take a holiday: You might think we added this as a joke, but we didn’t. When you leave work do you actually leave work, or do you still check emails and do some more work at home? If you don’t get a chance to step back from the work and take a look at the business from the outside, you could be missing something you would not see any other time. Taking a step away will give you the opportunity see where else you might be able to make a change that can add value to your business.
At the end of the day, running a business is never easy, but it doesn’t have to be hard either. There are many different and varied solutions to a lot of problems and we’ve only touched on a few. If you want to know more about ERP software for your business, give us a shout and let us know what you need. Have a tip you want to add, let us know!