SOPs (or standard operating procedures) are customary in medium to large businesses, but less so in small businesses. With fewer employees to oversee, the need to standardize all procedures may feel less urgent. There is also less available time and resources to put towards the creation of SOPs, a task that can initially be very tedious and time-consuming. What Are the Top 10 Benefits of SOPs for Small- to Medium-Sized Businesses? Continue reading What Are the Top 10 Benefits of SOPs for Small- to Medium-Sized Businesses?
Does your company lack structure when doing simple tasks? Are your staff members too dependent, seeing the need for them to be more self-reliant? Do you find yourself pondering streamlining the processes of your rapidly expanding company? Then you will begin to understand the question: why is it important to have standard operating procedures? Continue reading Why is it Important to Have Standard Operating Procedures?
Efficiency and productivity go hand in hand, so it is worth reviewing some of the core policies, tools and operational processes within your business if you want to bolster both of these aspects. What is an example of streamlining a business? Continue reading What is an Example of Streamlining a Business?
This is one of those chicken and an egg questions. Do you write company policies and then develop business procedures to realize the policies? Or, do you write your company procedures and then develop business policies? Or maybe you write procedures and then are wondering how policies fit in since they are not a part of your procedure. How do you write business policies procedures? Continue reading How Do You Write Business Policies Procedures?
In order to maximize your competitive advantage you need to strengthen your whole supply chain (the extended supply chain) and turn it into a value chain. Learn how to turn your supply chain into a value chain. Continue reading How to Turn Your Supply Chain into a Value Chain
Document management systems are one of the most crucial parts of a business. Five tools that can help with smooth document management include Evernote, OneDrive, Google Sheets, and more. These are five document management tools you can’t resist. Continue reading Five Document Management Tools You Can’t Resist
Knowing how to organize a policies and procedures manual will be vital to its readability and usefulness. In deciding how you will organize your procedures manual, you need to be concerned with how it is going to be set up, what policies and procedures will be covered, how to efficiently handle later updates or supplements, and ease of employees to quickly find and gather the information they need. A guide for learning how do you assemble a policies and procedures manual is described briefly below. Continue reading How Do You Assemble a Policies and Procedures Manual?
The franchise model is one of the most successful business models in history. One of the reasons for this success is that franchisees are given a blueprint to follow with processes and procedures that create consistency, reliability, and predictability. That is why every business needs systems like a franchise. Continue reading Why Every Business Needs a Franchise System
As a manufacturer, you likely have to deal with large investments and the high costs of production, which is also referred to as the Cost of Poor Quality (COPQ), that often represent one of the biggest issues in the industry. If that is the case, finding new, smart ways to save money in an effort to increase your profit margin might be your number one priority. How can manufacturing companies reduce costs? Continue reading How Can Manufacturing Companies Reduce Costs?