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What Are the Top Ten Core Business Processes?

Categories
  • Improve Business Processes
Tags
  • business
  • business processes
  • core processes
  • processes
Critical Business Processes

Ten Core Business Processes are critical

While many businesses have shifted their store from a physical one to online in hopes of grabbing a large audience’s attention, in any organization there exists a common set of core business processes that must exist for the organization to function properly. As a customer, you can always visit sites like https://www.finance.co.uk/who-we-compare/ace-24-catalogue/, and find various products in one and buy it as per your need but it’s an organizations duty to try their level best in retaining you. Small organizations start with a small set of five Core Business Processes, that are the critical business processes to every business, and then grow from there.

First Core Business ProcessesEffective Process Definition

Every organization needs a sales and marketing function. Even non profits, governments and hospitals must identify their customers, manage the relationships, and deliver a good or service in exchange for funds.

Once you have cash coming in you must account for that cash and complete your tax return, which means you need accounting policies and procedures . Accounting operates on technology, so in a small company a technology process often time is part of accounting (unless you are a technology company and then it is part of product development).

Product or Service Delivery Process

Next comes your product or service delivery process that you collected money for. You have to deliver it and deliver it well, with a quality process, or else you won’t get more money from your customers in the future.

A business must hire employees, manage the operation, and finance the ups and downs. And lastly, you have to have a product development process to design products for your customers.

Small Business Processes

So what are the Five Core Processes for Small Business?

ISO 9001-2015 Process Map

An Example of Organization Processes

  1. Sales & Marketing
  2. Accounting & Technology
  3. Quality & Product/Service Delivery
  4. Management, HR & Finance
  5. Product Development
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Ten Core Business Processes

A small business is pretty simple, until you start to grow. Growth introduces new complexities that require more employees and more focus. The five core processes for a small business quickly grow to the ten core processes for business.

That is, each of the core small business processes splits into two and now sales and marketing are separate processes, same with accounting, technology, quality and product delivery.

We now have identified the Ten Core Business Processes:

CEO Core Business Processes

The Bizmanualz CEO Company Policies Procedures Manual Series is designed with your core business processes in mind. The nine business policies and procedures manuals provide your organization with examples of the core business processes.

  1. Customer Strategy & Relationships (Marketing)
  2. Employee Development & Satisfaction (Human Resources)
  3. Quality, Process Improvement & Change Management
  4. Financial Analysis, Reporting, & Capital Management
  5. Management Responsibility
  6. Customer Acquisition (Sales)
  7. Product Development
  8. Product/Service Delivery
  9. Accounting Management
  10. Technology Management (Computer & IT)

Examples of Business Processes

As an organization grows even bigger it will add more sub-processes or perhaps additional core process like supplier management, strategy, or legal & compliance. There are hundreds of sub-processes that are created and when you get to that point then you are ready for a set of policy and procedure manuals.

Business Procedures Manual Templates

Download Free Policies and Procedures to see hundreds of example business processes and how easy it is to edit MS Word Templates to build your own policy and procedure management system.

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  • How to Achieve Consistency In Remote and In-House ProcessesHow to Achieve Consistency In Remote and In-House Processes
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  • Why Use Policies and Procedures Manuals?Why Use Policies and Procedures Manuals?
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3 Comments

  1. Racheal idika kalu says:
    May 11, 2019 at 7:06 am

    Please i needed to know the current business process we have ,and the additional process we require,this piece is intresting kudos

    Reply
  2. Mirketa says:
    November 6, 2019 at 4:48 am

    Nice blog, thanks for sharing

    Reply
  3. Process specialist says:
    April 30, 2020 at 8:23 am

    Nice blog, at GoodFlow most of the process you mentioned can be manged and tracked properly.

    Reply

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