How many business decisions do you make a day? Between emails, phone calls, and meetings, it’s easy for your day to get booked up. However, if you’re booked up by 10 a.m., how are you supposed to deal with the things that arise throughout the day?
That’s where increasing your business efficiency comes in. Without it, you could be losing out on massive profits.
There are several low-cost tactics that you can use to boost efficiency in your business! Read this guide to learn several efficient business tips for running a business.
1. Automate Everything
If you are spending half of your time sending out emails to potential customers, cold calling customers, chatting with them online when they have a question, or sending a weekly email every Monday morning with what new product launches you have, you are wasting your time.
Your business is suffering because you’re not present with what needs you to be present.
This is where automating comes in. Through automation, you can make the menial everyday tasks like sending emails and chatting with customers a responsibility for AI. when tracking your business expenses, when you use a business expense tracking software, you will be able to reduce human error and save your time from recording them manually.
Say goodbye to wasting your time and hello to more business profits!
2. Show Your Employees Appreciation
This tip for how to run a company to be more efficient may seem irrelevant, however, it may be the most relevant one.
When you don’t show employees appreciation or value them at your company, their productivity can plummet. They wonder why they are even there and what difference they’re making at the company.
But when you start to show them that they matter, everything can change. The more you value them, the more they value the company. The more time you put into them, the more time they will give back.
Ultimately, the more you show your employees appreciation, the higher likelihood that they will stay with you as a company, which gives you a higher retention rate and less of a need for training new hires.
With that said, you need to stop employees feeling undervalued if you want to improve your business efficiency.
3. Limit Interruptions
Have you ever been sitting at your desk and looked at your calendar to see that you have a meeting in 25 minutes? At that point, you decide why start a task when it is going to be interrupted anyway?
So how can you limit this?
Try to schedule the majority of meetings on one day of the week to limit interruptions throughout the week. You could also make meetings at the very end of the day, at lunch, or in the morning so there are larger blocks of time for employees to be productive and efficient with their time.
4. Time Block
Gone are the days of having a really long to-do list. Well, you may still have your really long to-do list, but the way you should go about crossing off those tasks needs to be more efficient.
Instead of just staring at it and doing the thing that seems easiest first, it’s best to time block.
This means taking 3-5 of your most important tasks for the day and putting them into the calendar. If you have to send 10 emails, schedule that from 9-10 a.m. If you have to have a conversation with Fred, put that in the calendar from 11-11:30 a.m.
By doing this, you are scheduling time for the 3-5 most important things on your to-do list. In between the blocks of time you have scheduled, you can get all of the other things done.
5. Use Task Management Software
Having sticky notes scattered across your desk, lying on your floor, hanging on your office wall, and probably some crumpled in the trash under your desk is not the most efficient way to get things done.
When it comes to running a business, using task management software is the best way to handle and promote efficiency.
Not only does it keep people accountable for their tasks, but many times these programs have ways for team members to collaborate and work together/communicate on the application itself rather than using several different ones.
6. Don’t Overdo It
The more you work, the easier it is to get job burnout. And when that happens, efficiency goes out the window. In fact, all business management goes out the window.
To prevent this, you need to make sure you and your employees are not overdoing it on a daily basis.
How can you be sure of this? Every once in a while, send an email an hour or two before the workday technically ends that everyone can pack up and go home as long as their essential work is done. Every month, give one Friday off.
By doing these things, you are not only showing employee appreciation, but you are protecting their mental health to increase their efficiency in their roles.
Increase Business Efficiency With These Tips
If you’ve been struggling to get your staff on board with increasing efficiency, you probably weren’t using the right tactics. But with these six tips, you’ll find that your business is running more smoothly than it ever has before.
Now that you know how to run a company with maximum efficiency, what are you waiting for!? Go get started!
If you enjoyed these tips on business efficiency, you can also check out more blog posts on our website!