Practical Hacks – 5 Simple Ways of Making Your Business More Efficient
by Abdul Aziz Mondal Business Development Published on: 03 November 2018 Last Updated on: 26 September 2024
It’s no secret that time is money in the world of business, but sometimes it can feel as though you’re forever putting in the hard work without seeing results. It’s every business’s goal to boost efficiency, improve productivity, and drive profits as a result. However, this process is easier said than done. Nevertheless, with a little bit of patience and know-how, you can get your company running like a well-oiled machine in no time. Here’s how:
Upgrade Your Phones:
If you haven’t upgraded your phone system in the last decade, you could be severely hindering the efficiency of your business and skimping on customer service. Today, there are plenty of cloud-based phone options that offer useful features like an auto-attendant, call routing, dial-by-name directories, and remote capabilities, meaning your workers can make and receive calls from anywhere using their smartphone. Most BroadSoft hosted PBX providers operate on a subscription basis, making hosted PBX a very affordable ongoing option that equips your business with the sophisticated features usually reserved for larger budgets.
Outsource Components of Your Business:
Outsourcing is growing more popular by the year, which is unsurprising given the benefits it can offer to your business. As well as giving you access to a larger, global talent pool, it can also significantly boost your business’s efficiency. By outsourcing tasks like bookkeeping, digital marketing, and administration, you and your staff are left with more time to focus on the business’s core activities and drive profit and efficiency. Additionally, choosing to outsource can save you serious dollars that you can then reinvest back into your business.
Automate What You Can:
Whether it’s sending receipts to your suppliers or creating an auto-responder for your Facebook account, save time and money by automating whatever processes you can. There are many excellent options when it comes to automation software, and while the initial setup may be a little pricier, it’ll help you cut costs and boost efficiency in the long term. Plus, automating tedious jobs will save the time of your employees, who can then focus on tasks that are more important to your business’s growth.
Encourage Face-to-Face Communication:
Asking a question via chat or email may seem like a quick and easy way of getting an answer, but sometimes it can waste more time and serve as a distraction from getting any actual work done. If your employees are trying to solve a problem or plan a complicated project, encourage them to arrange a meeting face-to-face. A question that may take 20 minutes to answer over email could be figured out over a mere five minutes in person. Face-to-face interaction also assists in building stronger team relationships and increases happiness.
Listen to Your Customers:
There’s no use streamlining your company’s processes if the result won’t positively affect the group that makes your business possible: your customers and clients. Given that 86% of buyers will pay more for better customer experience, this should be a top priority for all businesses regardless of their size. When making changes to your company, always keep your customers in mind. Better yet, base your improvements around customer feedback and work out ways to continually increase customer satisfaction.
Streamlining your business to make it more efficient is a process that takes time and effort, but doing so will help you take your operations to the next level. Take stock of the tips above in your business, and you’ll start to see improvements in staff morale, customer satisfaction, and your bottom line.
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