Systemising your business is what brings freedom. The freedom to have the time to grow your business, freedom to spend more time with family and friends.
When you systemise and build processes properly, you can then rely on people to complete tasks, freeing up your time to concentrate on high value tasks; the ones that actually grow your business, so that the return on your time is higher, and leads to greater freedom.
Systemising your business also allows you freedom from micro-managing. When you implement systems, it allows you to get assistance from others, to do tasks the way you want them to be done.
What do I mean by ‘systems’?
I’m using ‘systems’ in the sense of the principles and procedures by which you run your business, including processes, routines and tools.
Large companies are known for their processes and systems. In large companies, systems build cohesion and improve productivity by standardising work flows and simplifying communication between different teams, saving time and energy and, ultimately helping to grow the business.
While it may not seem necessary to have those systems in place in a small business, especially if that small business is just you as a solopreneur (at least for now), the overarching benefit of freeing up your time and energy to work on what really matters still applies.
For example, documenting your work flows will help to capture how you need to do something next time (especially important when it’s something you don’t do very often, for example, your company accounts) and will allow you to delegate or outsource to someone else in due course. Setting up simple automated processes will mean that things are happening routinely without your having to get involved. And having your own routine that you follow each week will help ensure that you get straight to work each day on the most important priorities.
Benefits of Systemising Your Business
Business systemisation has many benefits, like:
- Keeping processes consistent. This is especially vital for maintaining high customer satisfaction. Think fast food franchises – if the quality of their food differed by location, it would damage brand reputation.
- More efficient processes. This allows for improved productivity and lower cost.
- Identifying the root cause of inefficient processes and strategically thinking through new and improved ones.
- Tracking and analysing business and resource performance.
- Keeping your business running when you’re not around.
- Making continual business improvements.
- Identifying where time-saving software and automation can be implemented.
Business systemisation allows business owners to start enjoying and growing their businesses and to realise why they originally went into business. By documenting policies, processes and procedures, you can hire people to carry out tasks consistently as you want them done and stop the need for micro-management.
Systemising a business takes planning, resources and above all, a commitment to get the job done. Removing the trial and error of systemising means you can get it done faster and done the right way.
At Compliance Lab, we help create systems and structure for a number of different business in various industries. Please contact us on 1300 108 487 or firstname.lastname@example.org if you need help with systemising your business.