According to the Small Business Association, 63% of all small businesses fail in the first 5 years…the top 5 reasons are:
1. Lack of vision and SYSTEMATIC strategy
2. No marketing SYSTEM
3. No client follow-up SYSTEM
4. No Multi-team SYSTEM -Trying to do too many things at once
5. Doing everything from scratch and without SYSTEMS
Notice the trend above (see red capitalized words)?
Definition of Business Systems: A methodical procedure or process that is used as a delivery mechanism for providing specific goods or services to customers.
The problem with most small business owners is not simply that they are doing too much work, but that they are doing the wrong kind of work. They should be looking at where their input adds the most strategic value to the business. Put a value on your time. What is it worth to the business?
Do you have systems in your business?
Such as autoresponders,
Client collaboration software
In this post I have a list of free business systems tools
Share your systems for a more efficient work day….