As the owner of a small business, there is lots of advice that can be given about how to run your business or help it grow. At NJG, we understand that every business is different, but there is some universal advice that all small businesses can benefit from.
Make the choice to treat every day as its own new, unique opportunity to achieve something that benefits your business, such as planning for expansion, winning a new contract or spending time with your team to strengthen your dynamics and communication.
Don’t be afraid to delegate responsibilities to your team, whether in-house or outsourced. Take the steps to build a strong team that you can trust to take on different tasks and encourage them to work collaboratively as this improves productivity and morale.
Outline your business’s values and vision as part of its brand identity and mission statement. Use these values as guidelines for decisions and be sure to incorporate social value and corporate social responsibility into this area, as they can have a positive impact on your reputation.
While you should use your values in decision making, be sure to execute the running of your company with an objective approach and with business at the forefront of your mind. Enlist the help of an accountant and purchasing specialist to look after your taxes and overheads, amongst other things, as a matter of priority.
Investing in your team is investing in your business. Make sure you provide advancement and training opportunities to staff as well as proactively encouraging and praising them when they do work well.
Get in touch with us today to find out how we can proactively reduce your business costs. Call us on 01257 232602 or email firstname.lastname@example.org.
At NJG Purchasing Services Ltd we believe that there are many basic tips and tricks which can help to reduce your company overheads with almost immediate effect.
We have produced an ebook to guide you through some of the more basic methods which you can implement alongside using NJG Purchasing Services.
As a procurement specialist for more than 30 years, I get the frustrations you face. Growing a business is complex and challenging, but don’t let high costs be your downfall.
No matter what size your business, any inefficiencies you have now will only get bigger as you grow. Getting lean and resourceful as early as possible, will enable you to build an efficient and streamlined business for the future…
We understand how frustrating it is when you know your overheads are high, but you don’t have the resources or expertise to get them down.
That’s why we do it all for you.