How to Manage Your Business’ Growing Pains

0

(Photo courtesy of socialmonsters.org)

Every company, no matter how big or how successful, has at one time dealt with growing pains. These growing pains aren’t pleasant for anyone, but there are a number of ways business owners can ease the pain while their company expands. If you can’t keep up with your business’ growth, consider employing these solutions.

Simplify Accounting
Accounting duties are some of the most tedious and time-consuming tasks of owning a business. With online accounting systems like Sage 50, you don’t have to dread accounting anymore. The cloud-based solution makes scaling and accounting easy. With the software, you can easily manage sales and customer contacts, vendor management and inventory, purchasing and shipping, and even track jobs and projects. You can also add payroll to your lineup of functions if you’re adding more employees to your team.

Delegate
From the small mom and pop store owner to the CEO of a large corporation, delegating is hard for any business owner. Handing over control of the day-to-day functions can be hard at first, but rewarding in the end. Virgin Airlines owner, Richard Branson, said, “The entrepreneurs I’ve persuaded to delegate have been so grateful. Their companies have flourished better, their family lives have been better, their personal lives have been better, their health has been better. And they can think about the bigger picture.” Allow yourself to think about the big picture and let someone else handle the nitty gritty operations.

Hire Now
All Pro Web Tools says, “Don’t be afraid of hiring employees. If you make the right hires, you end up with a dynamic team that can problem-solve, expand the reach of your business and free up your time to do what you really love.” While you may not have the resources to enlist an entire team of HR professionals, you can use a little help from a cloud-based HR software like People HR. It automates many of the basic HR processes that your business requires, which frees up time for you to handle the big-picture issues that matter most to your company. There’s nothing complicated about this tool, all that is required is a Web browser. Plus, it’s optimized for a variety of devices, from Android to Windows to iOS.

Think CRM
Capterra ranks Marketing 360 at the top of their Most Popular CRM Systems of 2016, and for good reason, too. Marketing 360 CRM gives business owners the ability to manage leads as well as customers in one single place. The award-winning platform allows you to run ads on popular social networks, search engines and apps, like Pandora, Facebook and Bing. Not only is the Marketing 360 CRM platform easy to use, it is affordable, too. Plus, if you need assistance with something within the platform, you can easily connect to a professional who can help you out — fast.

Make Meetings Matter
Most people think that meetings are a waste of time. And yes, sometimes they can be. However, with a video and Web conferencing tool like Zoom, you can ensure that you’re getting the most out of your business meetings. This is essential when you’re hiring new people or dealing with clients in different areas. Companies like Uber and Sonos are already using Zoom to maximize their meetings. “With Zoom, we have increased the active communication rate over traditional communication tools from approximately 10 percent to 29 percent,” Trend Micro reports.

Whether you’re adding employees to your roster or expanding your marketing plan, these tools and tips can help you effectively manage your businesses’ most common growing pains.

Share.

About Author

Leave A Reply