Don’t Miss These Tricks

If you own your own business, you’ll probably be thinking you know exactly what to do about everything, especially if you’ve been going for a long time. But sometimes it’s easy to become so hyper focused on the actual running of the business, that you miss the little tips and tricks that could make it even better. It’s often to case that people don’t want outside advice, but if it’s going to make your business better, you’d be silly not to. This article is going to give you some simple tricks to help the running of your business that you might not have considered before.

Outsourcing

Outsourcing is one of the best things you can do for your business. It takes the stress away from everything you’ve had to worry yourself about before. Plus, there are some things you just don’t know how to do that are going to be better to outsource. Marketing is an example for one. For some reason small businesses don’t tend to enter into the world of marketing until they’re a bit bigger. But this is one of the tricks they’re missing. Marketing has the power to get your business noticed in weeks. But, it is also hard to know what is the right thing to do, so your best option in this case is outsourcing. That’s just one of many things that could be outsourced.

 

Orders

It doesn’t matter what business you are, they’ll be things that you’ll need to have in order to run your business smoothly. If you’re a lorry driver, spare parts and wheels are always going to be necessary. If you’re a farmer, things such as red diesel is important to the running of your business. But these things can sometimes be a nightmare to source, and there will be a lot of companies out there who will try to rip you off in a sense. So, making sure you shop around for the best deal, and pick the most reliable person is so important. If you build a good bond with some order companies, you’re more likely to get discounts on future deliveries as well.

 

Productivity

This is going to be one of the hardest things to maintain when it comes to running a business. Not only will your employees productivity drop, but yours can easily do the same as well. When you’re doing the same thing day in, day out, it really is hard to stay motivated. This is where incentives comes in and you can drive yourself and your workforce to do better. With your workforce, give them incentives like bonuses for meeting targets, and organise things such as office meal out, or order in lunch for them. It’s just little things like that that’ll really help to keep people on track. As for yourself, you need to remember to take time off. You’re going to be rushing around constantly trying to make sure business is running smoothly. Just one day off, away from the business as much as you can, should be all you need to keep yourself motivated.

Why Entrepreneurs Can’t Take On the World Alone

There’s no denying that it takes a special kind of person to become an entrepreneur. It takes dogged determination, a passion that borders on obsession and a certain degree of hard headedness. After all, the path of the entrepreneur is strewn with hurdles and setbacks. If every entrepreneur gave up hope every time a funding or loan application was rejected, every time an employee quit or every time a supplier didn’t make good on their commitment, there’d be no small businesses left in the world and the economy would be the worse for it.

Nonetheless, despite the admirability of the entrepreneurial mindset it can be both the making of a fledgling business… Or it can just as easily be its undoing. While it may be tempting to think that you can take on the whole world alone, no less a personage than Richard Branson has this to say on the subject…

“Understandably there’s a lot of ego, nervous energy and parental pride involved, especially with one- or two-person start-ups…Going it alone is an admirable, but foolhardy and highly flawed approach to taking on the world.”

 

Master your pride

Pride can be a great thing. Pride in your business and its practices can help you keep to your principles when your competitors are selling theirs short for a quick buck. Pride can keep you motivated when all around you shrug their shoulders, but it can also be the enemy of running an efficient and effective business. Your pride can deafen your ears to good advice and cause you to make counterproductive business decisions out of sheer pigheadedness. Mastering your pride and embracing advice and criticism could be the key to success in your business.

 

Find a mentor

While there’s certainly nobody who knows your business like you do, that’s not to say that you shouldn’t heed the advice of those who know business in general better than you do. This may mean seeking out the services of a business consultant like Lean Sigma Consultants or taking on a mentor. Any business person worth their salt will tell you that the role of the mentor in business is a necessary and important one. Seeking a mentor can be a humbling experience for an entrepreneur and this may cause them to be extra-discerning in whose advice they seek out.

LinkedIn is a great advice for seeking out a mentor. Mentoring is a flexible discipline. It can be a frank and informal exchange of ideas online or it can mean integrating the mentor in the fold of the business and making them essentially a silent partner.

There’s a lot of advice out there for entrepreneurs, whether they’re just starting out or well on the way in their business journey. A mentor or consultant will lend you the perspective you need to weed out the good advice from the bad and help you to forge your own business style.

Seeking out help and advice needn’t mean compromising your business nor selling out your ideas, but it may well become the difference between success and failure for your enterprise. However you approach this, it’s important to remember that you can’t take on the world alone.

Give Your Business the Benefit of an All-Seeing Eye

When you have a brick and mortar store, security needs to be one of the first things on your mind. After all, you’ve put too much time and effort into developing and creating your products to allow them to be taken from under your nose without due pay. Now, a security guard may well be a good idea. Countless studies have shown that people are much less likely to steal when they feel that a person’s eyes are on them. However, many shoplifters have become savvier over the years and manage to take goods in split moments when a security personnel’s attention is distracted. When it comes to legalities, a person’s account doesn’t always stand up as conclusive evidence, even if they are hired for the purpose. Many businesses have further attempted to counteract the problem of theft with tags that set off alarms while they are attached to items leaving the store premises. However, people have found ways around these too, often removing them in changing rooms, toilets, or other discrete spots. At this point, you may be despairing. How can you protect your products from immoral people when there are so many loopholes in these tactics above? Well, you can always give your benefit of an all-seeing high. Here’s a little more information about CCTV and why you should have it installed in your commercial space.

 

On the Shop Floor

If you’re going to invest in CCTV for just one area of your commercial property, it’s best placed on the shop floor. This is likely to be where the majority of your goods are, so is also the space where you are most likely to experience theft. The presence of CCTV alone is often enough to put potential shoplifters off attempting to steal. However, if someone does give it a go, you will have firm evidence of them in the act. This will make the pursuit of legal action more feasible. An added benefit of having CCTV on your shop floor is that you will always have footage of events occurring in your store should you need them. If a customer complains about a trip, slip, or fall that they are claiming is your fault, you will be able to look over the facts and the series of events that led up to the incident. You can also check out disagreements and other incidents that have led to people being removed from your commercial premises.

 

In Stock Rooms

Hopefully, your staff are trustworthy individuals. However, every now and then you will find that someone will surprise you and steal from the stock rooms. This is upsetting, but also something that needs to be tackled, or you’ll notice significant dips in your profits as people begin to think that they can get away with it. CCTV in places where staff may be left alone in the presence of stock is a good precautionary measure to take.

While it would be much nicer to live in a world where people wouldn’t take from hard working business owners, it’s often the case that they will try their luck. CCTV is the perfect way to ward off theft and take action.