Streamline Processes for the New Year

Streamlining and standardizing procedures make daily operations easier, efficient and more effective. They are also a key to increased profitability. As you plan for the coming year, make systematizing your business more of a priority. Start with just a few. Focus on those that save you time, increase sales, or fix problems that consistently erode profit.

Limit Sales Pitches on Social Media

Only 20% of your posts on social media sites such as Facebook and Twitter should be marketing messages. The rest should be about helping and informing your audience. People will follow and fan you because they’re interested in what you have to say. Sales will follow.

Stay on Top of Invoicing

You’d be surprised how many businesses fall behind here. Failing to send out invoices is a sure way to put your company in the hole. Why? Because most customers who do not receive a bill will not volunteer to send a payment. Stay on top of invoicing and build in steps in the accounting process to follow up with accounts that become overdue.