Ways to manage business growth

Editor’s Note: Here at Dispatches, we are always looking for ways to help our readers do things. For some of our readers, that means helping navigate the working world, for others, it means assisting in the ever challenging question, “what’s for dinner?” For still others, it means figuring out how to balance family life with everything else. In an effort to aid in all of these endeavors, we have collaborated on this article written specifically for our readers.

In the beginning, your business is your life. You work all hours of the day and night and put your blood, sweat and tears into making the business work.

Chances are your work/ life balance is skewed for quite some time! But eventually, for most entrepreneurs, the goal is to have a business that runs itself. While you will still be there to oversee all of the important decisions, you don’t have a huge pile of work on your desk every day and everything runs like a finely-tuned machine. Here are some of the ways you can get to this stage.

Your Employees
While an employee might be a maybe someday item, don’t put it off too long. As you grow and expand, you can’t possibly perform each of these roles so you need people who will do them for you, with as much dedication and care as you would. Spend time in the recruiting stage narrowing down candidates and finding out who would be the best fit. Find the right employees and you’ll save yourself money down the line on further recruitment, interviewing and training.

Health, Safety and Legal Issues
When it comes to your staff, make sure the legal side of things are handled correctly. You could attend an ASSE conference to brush up on safety knowledge or outsource your human relations side of things to a HR company. Employment and labor laws can change frequently and it can be difficult for employers to remain up to date on these regulations. For this reason it can be worth employing a HR professionals whose job it is to keep on top of these regulations, by outsourcing the work. This means any risk to you is minimized. Doing everything by the book means you avoid legal issues, lawsuits and other stressful scenarios. 

Business Software
Another thing that will make your life easier as a business owner is having the right business software. This means tasks are able to be tackled quickly, efficiently and accurately. It means you don’t need to employ as many people, as the software can massively bring down the workload. Plus you ensure proper records are kept in all areas. Things like customer relationship management software, for example, keeps all of the details in your customers in one place. It can do everything from sending them discount vouchers on their birthday to recommending products based on what they’ve already bought. Of course, this isn’t something a human worker could keep up with thousands of customers! It saves you time and money and ensures everything runs in the best way possible. 

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