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âïž Process management? Itâs not rocket science!
Business process managementProcess management⊠It sounds dreadfully technical. In fact, processes are all around us, we all manage them somehow. And we donât need a PhD to do that. Often, even primary school or plain common sense is enough.
Continueđ€ Take good care of your contacts
Business process managementOr how to manage your clients so that you donât lose money.
Contacts are without exaggeration one of the most valuable treasures you have in the company. They deserve excellent care. Do you let them have it?
đź 9 Small Business Management Trends to benefit from in 2023 and beyond
Small business managementDid you know that there are approximately 400 million small businesses worldwide? If youâre one of these 400 million firm owners, youâre probably aware of all the challenges small businesses are facing. They have to compete with the big industry players and respond to the increasing consumer demands while staying within budget and keeping up with the latest operational requirements. To empower you with the insights you need to keep your business thriving, weâve compiled a list of nine emerging small business trends.
Continueđ Enterprise Resource Planning for Small Businesses - the What, Who, and Why
Small business managementDid you know that one in five small businesses fail in the first year after being founded and only 30% of small businesses survive the first decade of their existence? The reasons for small business failure may vary, but inefficient planning and allocation of resources are generally considered among the top causes. This is where enterprise resource planning (ERP) steps in. Providing small businesses with the tools they need to plan and manage their resources effectively, ERP solutions are growing in popularity and use.
In this article, youâll learn why small companies should consider implementing an ERP system and how they can choose the best fit for them. Weâll also discuss the industries that can best benefit from such software, so you can be sure it is the right way to go. Letâs dive right in by answering the first fundamental question.
Continueđ„ 7 Sins of Small Business Management
Small business managementRunning a small business is an arduous task whichever way you look at it. Competition is tough, margins are thin, and red tape is taxing. On top of all, loyal customers are hard to find and even harder to keep. To stay in the race, itâs critical to take the right management approach and avoid the seven deadly sins small businesses tend to commit. Letâs dive into the most common mistakes and the effective ways to avoid them.
Did you know that companies tend to fail due to committing the 7 sins of small businesses management? Learn how to recognize and avoid them now.
Continueâïž 10 Essential Management Tools Every Small Business Needs
Small business managementIrrespective of the size of your organization, managing your business can be a stressful and demanding activity. This is particularly so if youâre trying to do it by yourself, without relying on the right management tools that can make your life much easier. Business management tools are indispensable for running a successful company today. Take a look at 10 essential solutions to fuel your small business.
Continueđ§âđ€âđ§ 7 Small Business Management Tips to Boost Employee Productivity
Small business managementAre you struggling to increase the effectiveness of your processes and boost productivity? If so, youâre not alone â this is a common challenge for small business management. Here are 7 management tips to improve employee productivity.
Continueđ How To Automate Business Processes: A Guide For Small Businesses
Business process managementBefore automation, a small businessâs options to scale were limited. Youâd have to hire more personnel, invest in expensive software, and embrace more complex business processes. To an extent, this reality is still true. Scaling is tough. But thanks to business process automation (BPA), small businesses can scale more sustainably and with greater confidence. BPA isnât a quick, easy fix, itâs a sophisticated option for small businesses looking to optimize internal processes and grow sustainably.
So, hereâs more on how to automate business processes to help your small business grow meaningfully.
Continueđ The 15 Easiest Small Business Automation Opportunities
Business process managementAutomation has evolved from a luxury to an affordable, essential business function - which we have technological advancements to thank for. Now, even small businesses can reliably automate repetitive, mundane tasks, streamlining efficiency and empowering employees. So, are you considering small business automation? If youâre not quite sure where to start - or canât decide which processes are ideal for automation - we can help you out.
Weâll cover the different types of small business automation and how you can kickstart your automation journey.
Continue
𧰠The Top 13 Automation Tools for Your Small Business
Business process managementAutomation tools can help your small business cut costs, save time, and scale sustainably. If youâre looking to free your team from mundane tasks, and help them focus on high-impact work, then automation tools are an excellent investment.
Since there are endless great tools to choose from, itâs easy to get overwhelmed. So to help you out, weâve compiled a list of 13 automation tools for small businesses that are loved by modest-sized teams.
đ How to Improve Productivity With Business Process Improvement
Business process managementIf youâre looking to improve your organizationâs productivity, business process improvement (BPI) is an effective option. BPI helps you improve workflows, so processes are more efficient, re sponsibilities are better defined, and employees understand their role in the bigger picture.
In this article, weâll discuss ways to improve productivity with BPI and how you can make the most of a process-efficient system.
đ 6 Signs You Need a Business Management Solution
Business process managementGrowing a small business is a really rewarding experience, full of team spirit and innovation. Beating out the competition, getting love from customers, and gradually improving your bottom line are some of the high points. But there are also projects that need managing, deadlines to be met, budgets and finances that require monitoring, and client invoices that need to be sent (have to make payroll!).
At some point, spreadsheets and independent software arenât enough for your business needs. Thereâs too much mess, workflows arenât integrated, and itâs difficult to track progress. So, small businesses typically reach a point where investing in a business management solution becomes necessary.
And if you suspect youâre nearing this point â or at it â read on.
đ Tips to Choose the Best Business Management System for Your Needs
Business process managementThere are many business management systems available in the market today. Selecting the best one is a big decision that can affect your entire business for many years to come. So, it's important that you choose the right system for your needs and budget. How can you navigate the crowded business management software market and keep up with the latest business management trends? In this article, youâll find effective tips to make the right decision and implement the solution that will work best for you.
đ« The Importance of a 360 Customer View â CRM Insights
Business process managementSome consider the idea of a 360 customer view to be unattainable, and we understand why. Having a complete, holistic understanding of your customers and their sentiments and maturity stage, seems aspirational.
But thanks to the advent of customer relationship management (CRM) software, weâve come quite close to 360 customer views â even if we havenât secured a full view. CRMs give businesses direct access to prospect data in real-time, provide account-level insights, and empower teams to prioritize activities based on real data.
In this article, weâll explore the fundamentals of establishing a 360 customer view.
đ Achieving Customer-Centricity With CRM and Project Management Integration
Business process managementMany businesses claim to be customer-centric, but what does that actually mean in practice?
Very simply, a business is customer-centric if it puts customers at the forefront of everything it does. So, systems and processes are designed to help serve customers better, customer feedback is collected and analyzed to drive internal change, and youâll have a formal strategy for cultivating customer satisfaction.
As youâd expect, achieving this level of customer-centricity requires a fair bit of time and resource investment. Youâll need to put the right systems in place, nurture a customer-first culture, and leverage technology to put customers at the center of your business.
âïž Business Management Software vs Project Management Software: Find the Best Solution for Your Small Business
Business process managementAlthough there is some overlap between the functionalities of business management and project management software, the two types of solutions differ considerably in their purpose, features, and use cases. To help you distinguish between them and select the best tool to match your needs, weâve provided a brief and clear comparison and review of their benefits, functionalities, and applications. Youâll also find examples of the best solutions designed to streamline business and project management.
đ§ Is Email Still Relevant for Small Business Communication?
Business process managementWhile email is no longer the only major platform for business communication, itâs still a very important one. Your email inbox hosts urgent emails, reminders and alerts, replies to important threads, and notifications from different platforms â giving you a holistic overview of what needs your attention.
Given how useful email is, it really shouldnât come as a surprise that the average professional spends 28% of the workweek reading, replying to, and managing them.
Used right, email is a powerful tool not just for internal comms, but also for reaching your customers and delivering tailored experiences.
đł All-in-one or Niche Software: Which is Best for Small Businesses?
Business process managementSaaS and software, in general, have evolved to a point where youâll find a tool for nearly every significant pain point. But the growing number of specialised tools hasnât made all-in-one solutions obsolete, because they offer a single, unified experience.
There isnât a universally âbestâ way to build your tech stack; instead, you need to consider how your business operates and what your needs are before committing to one or more solutions. And thatâs what weâre going to help you out with, in this article. Weâre going to compare niche software with all-in-one solutions and explore which tools are best for different businesses.
đ The Essentials of Business Workflow Management
Business process managementWhen companies are just starting out, scaling isnât necessarily the biggest priority for operations. Instead, you might be more focused on achieving specific business outcomes, like more revenue. Eventually, though, your company starts to grow, more team members join in, roles become more defined, and business workflow management becomes essential. At this stage, you have more employees, with specialised skills, to perform specific roles.
So, you need defined systems and processes in place that guide the way your teams collaborate, document and share knowledge, manage responsibilities, collect and implement feedback, and work to achieve business goals. You need a business workflow management system.
â Don't make these mistakes - 5 crucial omissions in small business management
Business process managementRunning a small business isnât easy â youâve got to manage operations, keep up with competitors (and outdo them), cultivate relationships with your customers, and make sure your business has enough positive cash flow to keep running.
To make sure your small business isnât one of the 20% that fail during their first two years, itâs crucial to avoid fatal mistakes and to take the right approach to business management. Here are five deadly omissions that youâll want to watch out for.
đ From Failure to Take-off: 5 Trends in Small Business Management
Business process managementSmall businesses are often referred to as the backbone of economies, and considering how companies with 0-49 employees account for almost 99% of businesses in the EU, weâd say that this claim is quite accurate. But poor management can quickly kill a small business â and many fail within the first 2-5 years.
Fortunately, we can learn a lot from observing the way that successful businesses operate. And on that subject, letâs take a look at the top five trends in small business management to watch out for (and, hopefully, learn from).
đ€ The Use of AI in Business Management
Business process managementAI technologies have evolved tremendously in recent years, and itâs not just ChatGPT to help with creating content that deserves the spotlight. AI is transforming business management by helping organisations do more with less across various functions, from recruitment to project management and even customer service.
Here are five ways that AI is shaping business management today.
đ What is a CRM System: Everything You Need to Know
Business process managementCustomers are the lifeblood of your business. Itâs long established that a 5% increase in customer retention leads to a 25-95% increase in profits, which has made providing outstanding customer experiences a top priority. As a result, CRM solutions have turned into a go-to for businesses of all sizes and an essential management tool for every small business.
With a CRM system in place, itâs easier to keep track of your customers and their needs. You can also understand the buyerâs journey better, which leads to higher conversion rates and more sales. And these are just some of the benefits that CRM solutions can bring to your business...
đșïž A Small Businessâs Guide to Cost Management
Business process managementIf you think about it, nearly every professional is involved in cost management in some way. We have to make decisions around pricing, expenditures, financial forecasting, financing and debt, and more â cost-related decisions affect people at every level of your small business.
So, whether youâre a manager, senior executive, or a small busin derstand effective cost management to track and calculate costs and to manage accountabilities. In this article, weâll explore what this means in practice, and how you can manage costs effectively while ensuring accountability.