7 Hacks for Entrepreneurs to Manage Their Small Business Better


7 Hacks for Entrepreneurs to Manage Their Small Business Better
Beth Worthy

Beth Worthy

12/7/2016

Managing your business can be much easier if you know how to maximize the resources you have available to you. In addition to the resources you have within your company, don't forget about the myriad of companies outside of your business that can take over the areas of your business that may not be your general area of expertise. This can save you time and help you stay on track.

Human Resources

If human resources is an area where your company may need assistance, hire a PEO provider. A professional employee organization (PEO) offers many valuable services, including creating an employee handbook, managing the human resources department, and taking care of both payroll and benefits packages.

Recruiting

Recruiting agencies are available to help you find the type of help you need when you need it. Headhunters and recruiters are able to match employers with potential employees that have the skills your business needs to take off and exceed expectations.

Training

Training is one area that takes time and effort. If you want your employees to do their job correctly, they need to be adequately trained. The problem is if you train them yourself you tie up the majority of your work schedule. Hire a training staff that can come in every few weeks to train new employees or offer refresher courses for existing ones.

Create a Schedule

Create a schedule and sync it to your phone and your computer. Notifications will remind you of appointments in ample time and scheduling is as easy as pressing a few buttons or a few finger swipes on a smart phone.

Delegate

Delegate duties within the company. Many managers don't realize what the some of their employees are capable of. Some have training in certain areas that can be beneficial. Find out which of your employees have skills you can use and delegate jobs to them that keep you from doing the work you need to do.

Outsource

Outsource jobs that you may not have the skills or qualifications to do correctly. Accounting and payroll are areas that need special attention. The same is true for legal matters. Outsource the work you need that is outside your area of expertise to make sure it is done right the first time, every time.

Maximize the Use of Technology

Technology is everywhere. From cell phones to tablets, you can take your office with you anywhere you go. Utilize the technology you have at your disposal and boost your business through interactive applications and organizational tools.

You can Increase your ROI with marketing analytics by making smarter optimizations using platforms that have powerful tracking solutions for delivering insight on your marketing campaigns.

When you are in business for yourself, you have to be able to use everything you have at your disposal. Maximize your benefits by identifying your tools and use them to the fullest extent. Outsource the tasks that take up a large portion of your time and make it a point to always use the technology to its fullest advantage. These simple hacks can save you time and money as well as give you peace of mind.

Related post - Making Use of Technology to Improve Your Business’s Productivity

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Beth Worthy

Beth Worthy

Beth Worthy is the Director of Operations for GMR Transcription Services, Inc an Orange County, California based company that has been providing accurate and affordable transcription services since 2004. She has enjoyed success at GMR for almost ten years now and has helped the company grow. Within two years of Beth managing GMR Transcription, it had doubled in sales and was named one of the OC Business Journal’s fastest-growing private companies. Outside of work, she likes spending time with her husband and two kids.