#Business Systems
Six hidden cashflow traps for growing businesses
It’s an unfortunate fact that many otherwise promising businesses fail in the early stages due to cashflow problems. When it comes down to it, cashflow is mainly about people and systems – get those two elements right, and your business could be on track for a much smoother ride.
Six popular VoIP myths, busted
If you want the cost savings and flexibility offered by VoIP but have been put off by talk of bad call quality or unreliable service, this myth-busting list is for you.
The business benefits of an intuitive procurement process
If all an employee wants to do is order some paper for the photocopying machine, the process to do this should be easy and intuitive. Unfortunately, most businesses don’t succeed at this. But, if you make your procurement process as simple as Amazon and eBay do, staff won’t bypass your systems – they’ll embrace them.
Green your office: Five tips for how to print less
You might see printing as just a simple business process, not one worth spending a huge amount of time on. But if you consider how often a printer is used and how reliant your employees are on printing, you’ll quickly realise with this simple process, often comes with a hefty price tag.
Taking the pain out of expense management
Managing expense claims doesn’t have to be a headache. By keeping in mind a few important factors, it’s possible to set up an expense management system that makes the process simple.
Using business intelligence to make innovative decisions
Too many people focus on a problem rather than focusing on the end result. This is where a business intelligence solution comes in – by having the right information easily accessible businesses can make informed and innovative decisions.
Why VoIP is an investment in effective communication
VoIP may not be as current a topic as social media or mobile communications but it should be taken seriously by small business owners as a reliable tool to help with growth. Here’s how it could work for your business.
Switching to a better deal in the new financial year
For businesses, the new financial year can be the natural time to review services, service providers and systems and processes. We asked a variety of experts for their advice for making the right switch in the 2012/13 financial year.
Need a holiday? Four steps to a business that thrives without you
If your operation falls to pieces when you’re not there, you’re doing something wrong. Use these tips to create a sustainable system.
How to know when to invest in new business systems
Your business is growing. As you expand your product range, with this growth comes more employees, more data transactions and more historical information to store. There is more weight on the decisions you make, and you need to be more responsive than ever before. This is when you need to make some important decisions about some new systems for your business.
How technology acts as a trigger for business change
Whether you’re buying new business premises, investing in a new communications system or purchasing new business software, there is often a trigger that inspires the change.
Seven steps to a systemised and successful business
Every business has systems of some sort, but the difference between a good business and a poor one is how they are implemented. These seven steps will help you to create a well systemised business.
How to get a handle on business systems and meetings
In a five-part article series, we look at the 10 most common ways small business owners waste valuable time and offer some solutions for combating this damaging behaviour. In the fifth and final installment, we tackle poor business systems and inefficient meetings.
Are you sabotaging your business decisions?
Business is all about decisions. And the speed at which you can make them effectively has a direct impact on the growth and stability of your business.
How to avoid family-run business drama
With over 70 percent of all Aussie businesses owned and run by families, it’s vital policies and systems are put into place so a feud between family members doesn’t have the power to bring the business down.
Using technology to create a competitive advantage
In today’s competitive business world, selling involves much more than a price war. Technology could be the thing to give your business an added edge over its competitors.
How systems can make your business more effective and manageable
Implementing some basic systems will allow you to run your business more effectively, and help you stay on top of the game. Here’s a look at a few of the best tools available to small business owners.
Three ways to weather-proof your business against bad conditions
Just like the weather, businesses go through spells of good and bad conditions, but there are a few simple ways you can protect your business from the peaks and troughs.
Systemise or capsize
You know you have a winner: your business is expanding, your competitors are copying you, you’ve got ideas to take it even further and investors are smiling. But have you implemented systems in your business? If not, you’re in danger of capsizing.
The importance of backing up
There is nothing like losing a day’s worth of important documents to de-motivate even the most driven business owner. Getting back-up and storage right is crucial for any SME. Small companies are very good at what they do because they are agile, responsive and capable. They possess these attributes because they are passionate and driven […]