ARE YOU IN YOUR BUSINESS OR IS YOUR BUSINESS RUNNING YOU? 1
INDEX INTRODUCTION Balance The Schedule Appoint Likes Of Managers Make Good Use Of Technology Take a Vacation Do Something New Revisit Processes and SOPs About YRC consultancy Conclusion
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INTRODUCTION
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INTRODUCTION Falling trapped into a continuous loop of routine business activities and not realizing it is something that is good neither for the business nor for its owner. • Entrepreneurs must stay informed of any changes in the immediate environment as well as new opportunities and risks. • However, this is exceedingly challenging when owners are immersed in day-to-day operations. •Entrepreneurs should periodically make an effort to ensure that their routine isn't getting in the way. •These efforts might also help them see their business and its current environment in a new light which could further result in positive and progressive changes for the business.
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01 BALANCE THE SCHEDULE
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Balance The Schedule
•Only 8-10 hours can be considered as effective for working before fatigue begins to set in. •Of the available effective working hours, a businessman
should
allocate
his
time
according to priorities. •A businessman should prepare his daily or weekly schedule keeping in mind not just work but also other priority areas like health and family. INDEX
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02 APPOINT LIKES OF MANAGERS
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Appoint Likes Of Managers
•Delegation measure can be a big morale booster for employees and is often related to increased
productivity
and
sense
of
responsibility. •Delegation will help owners focus on the future and new and emerging priorities of the business and has to be combined with a mechanism for daily or periodical reporting.
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03 MAKE GOOD USE OF TECHNOLOGY
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Make Good Use Of Technology • Some basic technologies have become a necessity
for
present
day
business
enterprises. Use of POS machines and CCTVs has become very common in retail business nowadays. • As and when business begins to grow, owners can slowly incorporate advanced technologies like ERP and cloud-based services.
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04 TAKE A VACATION
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Take A Vacation
• Sometimes we all need a break; a distance from our regular work life. • Creativity, innovation and enthusiasm are very important in all aspects of life. • In order to maintain the appropriate levels of these
elements,
occasional
breaks
and
vacations can be immensely helpful for us as well as our businesses.
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05 DO SOMETHING NEW
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Do Something New • Getting roped in into the loop of mundane (daily) chores can be a big obstacle in the path of innovation. • Innovation does not necessarily mean a complete overhaul of business. • It can include adding new product line or services that do not deviate from core business, taking
advice
from
professional
business
consultants, introducing new technologies etc.
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06 REVISIT PROCESSES AND SOPS
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Revisit Processes And Sops • Business process management help enterprises and owners organize, streamline and efficiently manage their key business functions. WHEREAS • SOPs lays down a systematic procedure for executing day to day business activities. • Periodical reassessment of the processes and SOP also help introduce necessary changes in them.
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07 ABOUT YRC CONSULTANCY
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ABOUT YRC CONSULTANCY •
YRC
is
an
consulting
experienced firm
that
management
offers
consulting
expertise and knowledge in the various types of businesses . •
Can assist
with every
aspect
of
any
business. •
Improve your chances of succeeding in the online competitive market.
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08 CONCLUSION
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CONCLUSION Making these deliberate efforts from time to time is intended to aid businessmen in gaining a new perspective, recalling their corporate mission and reviewing their accomplishments, reviving their excitement and inspiring their staff through their ingenuity and creativity.
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FOR MORE DETAILS To know more about " Are You In Your Business Or Is Your Business Running You? “ , visit: ▪
https://www.yourretailcoach.in/are-you-in-your-business-or-is-your-business-run ning-you/
▪ For India & South Asia: https://www.yourretailcoach.in/ ▪ For Dubai & Middle East: https://www.yourretailcoach.ae/ ▪ For Africa: https://www.yourretailcoach.africa/ ▪ Business Process Xperts: https://www.businessprocessxperts.com/
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THANKS! Your Retail Coach Email: consult@mindamend.net
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