Many businesses, large and small, waste a lot of time and effort doing things they don’t really need to do, or doing things in inefficient ways. Improving the efficiency of your business gives you more time and resources to focus on important tasks, without increasing your costs. For example, meetings can take a lot of time and don’t always achieve much. Make sure any meetings are really necessary – could you achieve the same result with an email, for example? When you do need to have a meeting, set a strict time limit, always have an agenda and make sure any actions or decisions are clearly documented.
Make sure you and your employees are properly trained for their jobs – poor training can lead to errors and inefficiencies. Make it a habit to regularly review the way things are done in your business, and involve your staff – they are best placed to identify how things could be done better.