Yoel Wazana of Micro Solutions Enterprises Provides Tips for Small Businesses to Increase Productivity
As a business owner, you want your business to grow and succeed. But with a budget to adhere to, it can sometimes be hard to meet the growing demands that come with operating a business. From paying employees to purchasing the resources and tools you need, how do you keep your organization efficient?
The
answer is by increasing productivity. By doing so, you can utilize the
necessary resources to generate profitable products and services. Also, have
you ever noticed how some companies charge a significantly higher price than
others for the same product? That's because businesses with higher productivity
are able to charge lower prices or than those with less productivity. The more
products you make and sell, the lower your overhead and the higher your
profits.
While
that sounds logical, where do you even start? Yoel Wazana,
president of Micro Solutions Enterprises, examines three primary variables to help
you increase productivity.
1. Hiring
the right talent
As
an employer, you should make certain that when you hire an employee, they are
the right fit for the job. This means ensuring that the individual is not
merely looking for a paycheck, but brings talent and diversity to your
workplace. How can they help your business succeed? What talents or new ideas
do they have to offer? What experience and knowledge do they have that can
benefit your business?
2. Using
updated technology
In
an effort to save money, many businesses utilize older technology. While it may
save you money now, you may be lagging behind your competitors in other ways.
With the right technology, you can operate faster and more efficiently. Also,
technology goes beyond computers and machinery. Don’t forget about reporting
systems and communication devices. By using technology that is more up-to-date,
it will help you improve workflow and reduce errors.
3. Maintain
interaction with customers and clients
Customers
are the backbone of any business; therefore, it's important that you maintain
proper interaction with them to help improve your business output. Since you
want to retain current clients and gain new ones, you should develop visitor
engagement strategies. While you may think of marketing techniques, simply
replying to a client's e-mail in a timely and effective manner makes a big
difference.
Labels: Micro Solutions Enterprises