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Business Information Resource

 

Business Roadmap

Operations, Policies & Procedures

Improving Productivity Starts With Improving Management
Business owners know that workers who aren’t using their time and resources effectively are costing the company money. Declining productivity means falling profits and sliding competitive position. That makes the findings from this year’s (2007) Proudfoot Productivity Report a cause of concern to employers.
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Reducing Costs to Boost Profits
One of the big secrets of multinationals is their constant striving to become the lowest cost producer in their field. These low costs feeds straight through to their bottom line, and is a technique that can also be used by small companies.
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Choose a supplier the way you’re chosen
1. How dependable are they?
2. What’s their value proposition?
3. Do they have a true service mentality?
4. Are they good at communicating with customers?
5. Will they be there next week, and next year?
6. What’s their ‘fit’ with your business?
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Danger lurks in your inventory
If your inventory is not properly managed it becomes the equivalent of money that’s depreciating at an increasing rate and can actually drop below zero value. Be aware of the danger and don’t let this situation develop.
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Every company needs the protection of a policy and procedures manual
Position descriptions
Personnel policies
Organization chart
Credit policy
Purchasing policies
Misconduct
Occupational Health & Safety
Internet and emails
Stationery & forms guide
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Business Information Main Menu Business Advice - Strategy - Implementation
Business Roadmap provides practical business advice for small to medium sized businesses that are trying to overcome problems, or are trying to achieve their vision and full potential. Visit the Business Roadmap website for further information.

Disclaimer: While every effort has been made to provide valuable, useful information, Blue Mountains Web Pty Ltd. (trading as Stralia Web), Business Roadmap Pty Ltd. and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents. Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.