Set up Systems To Make Life Easier

Set up systems to make your business better - Authentic EdgeIn this blog we will have a brief look at the administrative side to your business – the back office, and probably the bit that most business owners hate the most and leave until last!

The disadvantage of doing that though, is that things accumulate, they become messy, and you never know where you are. By being well organised, and getting things cleared regularly you keep your whole business running smoothly.

There are all sorts of records that you need to keep for your business, and paperwork that you need to do. Make sure you know what has to be done and that it gets dealt with promptly and regularly.

To keep your business running smoothly the best thing to do is set up systems. That is a collection of instructions (systems) about how to do things, how to do everything you know about running your business, so that everyone in the business knows, and things are done consistently and perfectly all the time.

If you don’t think this is a good idea then take note, according to research, the key to making a business more valuable is making it LESS dependent on you the business owner… and MORE dependent on systems – so that when you eventually come to sell your business it works just as well for the buyer without you, as it ever did with you. This is also borne out by brokers who sell businesses.

Remember the word SYSTEM actually stands for Save Your Self Time, Earn yourself Money.

It is best to do your systems at the beginning if you can, it is easier and you will have more time. Also that way, your systems can grow with the business, rather than you trying to start a new way of working when you are up and running, and too busy doing the job to think about how it should be done!

(Taken From 101 Secrets of Successful Entrepreneurs – by Julia McDaid)