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10 Ways to improve business performance

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10 Ways to improve business performance

Eliminate distractions

Time is the scarcest resource and biggest killer for most businesses. When we get busy, we can also get distracted and focus too much time and energy on the wrong things. Be brave - slash standard meeting times, reduce unnecessary admin and delegate roles and responsibilities.

 

Say Goodbye to Problematic Customers

Where possible, identify and let go of clients who consistently drain your time, delay payments or create unnecessary challenges. By removing these obstacles, you free up valuable resources, reduce stress and can focus on serving clients who truly contribute to your business growth. You will feel instant relief and spend your time better elsewhere.

 

Invest More

After having freed up time and headspace by deploying points one and two above, make sure you set aside time, key people, and money for some of the initiatives below. Redeploy with passion!

 

Get a Plan

You don't go on a journey without a map or any idea of where you're headed - so why fly blind with your business? Have a planning process, create a clear plan - and execute. We can help you get started.

 

Surround yourself with positivity

Make sure the people in your business understand and share your vision. Bring them onboard, listen to them and give them ownership. Don't let people who don't get it, or don't care, hold you back. If they're not right, do them a favour and free up their futures.

 

Use Technology

Technology can help you decrease admin, improve communication, improve reporting and accountability. Whether it's for team communication, cloud accounting or generative AI, slash paper and automate where possible.

 

Keep on top of the numbers

Do you have enough information to monitor business cashflow and see emerging trends? We can help you identify the metrics to track on a regular basis, in order to run your business efficiently.

 

Be Different

Break the mould and position yourself to attract ambitious, growing and engaged clients, and employees.

 

Deploy Marketing

Create a simple marketing plan to increase reach and penetration. Set aside a budget to treat this seriously. Start by making sure you really understand your customers. Existing customers are prospects too, keeping them happy is your first step. The more you know about them, the easier it will be to attract more of the same.

 

Take a break

Don't underestimate the time you have away from your business. It can allow you to come back refreshed with new enthusiasm and inspiration for the way forward.



Harry Hastie

Cadet Accountant




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