Is your Business Built for Growth?

Aug 18 2016 read
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As a business owner or manager, you’re always looking for ways to be more profitable and grow. In order to be successful though, you need to have a system in place that’ll allow your company to scale (without the growing pains).

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As a guide, here's a short checklist to help you see if you’re on track to successfully scale your operations.

So - when it comes to managing your business:

  • Do you have particular tools or a system in place that can grow and adjust as you do?

i.e. are you proactively set up to scale with a flexible and dynamic smart technology platform, or will you reactively (and painfully) try to bridge the gaps as they emerge?

  • Are your communications and operations streamlined and easy to follow (for growing teams across different offices or cities)?
  • Can you (and everyone on your team) easily find and access pertinent information from anywhere?
  • Do you have any platforms in place that enable you to diagnose your business’ health from a glance, so that you and your team can address problems quickly?

visibility

  • Do you know how productive your staff are or how their time is being utilized?

i.e. so you can make adjustments to processes, workflows, and teams efficiently and effectively.

  • Is most of your time spent on (billable) client work (as opposed to everyday busywork or admin work) so that you can continue to grow and generate more revenue?
  • From a workflow standpoint, are the right people automatically notified at the right time when certain phases of a project begin so that they can work on them (without having to be inefficiently pinged or told)?
  • Are you able to easily duplicate recurring contracts or work instead of having to manually recreate them?

i.e. have you nailed down workflows with reusable templates?

  • Do you have real-time reporting to hold everyone on your team accountable 24/7?

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In order to scale, you need a business that’s streamlined for visibility, growth, and profitability. If anything on this checklist left you feeling uncertain about your path to growth, consider looking into a smart technology platform that can set you up for success.

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