How to improve your business
Video: 7 Ways to Grow Your Business Quickly | Brian Tracy 2024, July
Many people, for whatever reason, are used to believing that the ideal is unattainable. You can constantly improve your business, giving it more and more new features, changing something inside, and not see the end of these changes. And the more time passes, the closer the business will be to the ideal. However, it is impossible to say anything concrete about ideal business, since the very concept of “ideal” is subjective in nature.
Instruction manual
1
To improve your business and bring it closer to ideal, first of all, answer the question: "What does an ideal business mean for you?" As soon as you decide on the answer, the dream will become the goal, and any goal can be determined by small steps leading to its achievement.
2
You can improve your business and make it more efficient by reducing the amount of time you devote to it. Define a circle of tasks, highlight the corresponding functions and hire an employee, transferring him part of your business, which takes up the most time. The head should not be engaged in the current work of the company. He must organize it so that his presence is imperceptible.
3
If for you to improve your business means to increase its profitability, focus on increasing the market share that you occupy. Often, profit growth corresponds to increased revenue and lower associated costs. Focused work in these areas will help optimize costs and expand sales.
4
If modern technologies are not alien to you, you can improve your business by making it more mobile and more efficient. There is always the opportunity to optimize business processes so that time and material resources become smaller with the same volume of operations. This helps the introduction of innovative solutions, the use of computer technology in different areas of work.
5
According to MIRBIS business coach Vadim Portny, there are 5 ways to improve your business. The business of each company is a construction of people, material objects and relationships, the purpose of which is to generate profit for owners and employees. During the functioning of this system, it can be adjusted in order to increase efficiency: 1. Move it to another, more favorable environment;
2. Improve the existing environment;
3. Change the system of construction;
4. Change (improve) structural elements;
5. Optimize the design control system.
