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Apr 16

Business Systems Are the thing

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.

Business systems help eliminate many of the daily frustrations and obstacles that prevent things running smoothly. Gradually, you should incorporate all the Businesses business systems, policies and procedures into a handbook which will become your Operations Manual, so everyone knows what to do, who does it and when it should be done.

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 Manual

Client collaboration software

Lead Generation

Website

Business Plan

In this post I have a list of free business systems tools

Share your systems for a more efficient work day….