Whether your team numbers two or twenty, developing practical processes for your business ensures the ability to maintain productivity in the different
components of your company. Here are a few areas that need these practical processes:
1) Operations - Your day-to-day management makes up the foundation for both the spontaneous and routine aspects of your business.
You can establish stability in your operations through a policies and procedures manual for all team members, the selection of your suppliers and vendors, and important checklists for your administrative and executive assistants.
2) Marketing and Sales - These areas of your business bring new life to your company as well as maintain the brand and voice of
your objectives. Be sure to assign goals to your sales team, so they can hit measurable results of acquiring new customers and clients. Provide a branding
guide for your marketing team that keeps the delivery of your products professional and consistent.
3) Finances - As worrisome as money can make people, you cannot ignore its significance in the maintenance and growth of your business.
Find consistent, practical processes to document and manage your revenue and cash flow. You do not want to mix up or lose important financial records,
especially when tax season comes along.
4) Talent - Unless you're a solopreneur, you rely on your team to accomplish the totality of your company goals. If you want your
team members and leaders to reach their full potential for your business, invest heavily in initial training and professional development.
After creating these practical processes, remember to evaluate them from time to time. You want your company to grow, so be willing to innovate when necessary.
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