Guest Article Ever visited a home designed around the simple principles of minimalism? From the moment you enter the space, it’s obvious that something is different. Clutter is nearly nonexistent. The few knick knacks that made the cut actually have purpose. The space somehow seems bigger. When you’re in a place like this, you feel a sense of peace and satisfaction. Imagine bringing that level of order, balance, and functionality to your small business You can – and should – bring minimalism into your small business, whether you’re running it from your home or a brick and mortar location. It’s not that hard, you can start right now! Follow these principles to up your efficiency, boost productivity, decrease clutter, and cut time spent on looking for things. It make no sense to spend large amounts of time on efforts that aren’t bringing you significant returns. It’s simpler than you think to use a minimalism approach. Clear the clutter with the SHED method Start with an office-wide necessity audit. What’s there that doesn’t have to be? What’s there that shouldn’t be? What do you need, but don’t have a place for right now? Gather these items and sort them into piles. You might try the SHED method: Shred (items to destroy or trash) Hide (items you need, but that can be “hidden” with smarter storage) Elsewhere (items that can be placed out of your workspace) Donate (items you can give away or donate) Increase efficiency with the Pareto Principle Also known as the 80-20 rule, the Pareto Principle is a powerful staple in bringing minimalism into your small business. It states that on average, 20% of the tasks and effort you’re putting in are responsible for 80% of the results you get. Conversely, the other 80% of your efforts are essentially going to waste, bringing in only 20% of your results. Your task: Identify the 20% of tasks that are bringing you 80% of your results – and figure out how to outsource, delegate, or altogether cut the 80% of tasks bringing you just 20% of your returns. Amp up productivity…
Posts published in “Efficiency”
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Running a successful business requires efficiency in all processes and functions. As a result, small businesses that are in the process of establishing themselves in the market have to adopt strategies that will make them run efficiently. A recent survey revealed that inefficiencies make most small businesses lose up to 30 percent of their annual […] The post Top 4 Strategies for Running Your Small Business Most Efficiently appeared first on SmallBizClub.
Logistics might not be glamorous, but you will need to focus on your production process if you want your business to thrive Whether you’re handmaking products or want to start a new line of clothes or accessories, finding the right factory for your business is essential for success. When you start a creative business, one of the last things on your mind is logistics. Your head is too full of colours, designs, mood boards and ideas to spare much room for the less exciting stuff. But, as everyone knows deep down, the boring bits are what keeps a business thriving. And when it comes to clothes, accessories or anything related to fashion, nailing your production process might not be the most glamorous task, but it’s certainly the most vital. Here are the steps to follow to find the right factory for you: Continue reading…
When ERP (Enterprise Resource Planning) systems were first introduced, only large businesses could really take advantage of the benefits they could bring because they were the only ones that could afford to buy and run them. However, with the lowering of costs and the abundance of useful features these days, businesses of all sizes stand […] The post Enterprise Resource Planning Software Helps You Beat the Competition appeared first on SmallBizClub.
We’re beginning to see some poignant trends in our industry. It seems brands are reducing their content marketing budgets. As a percentage of overall marketing spend, content marketing has gone from being 29% of overall B2B marketing budgets down to 26%. For B2C, it’s dropped from 32% of overall marketing budgets down to 22%. Don’t let the percentages […] The post Shrinking Content Budgets Drive the Need for Content Intelligence appeared first on SmallBizClub.