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40 Must Have Systems For Every Business To Start Sustain Scale in Any Economy
40 Must Have Systems For Every Business To Start Sustain Scale in Any Economy
Any time you have a certain way of doing things to achieve a desired
results, that in itself is a system. It’s just a matter of making your systems
the most streamlined, efficient and effective based on your business
goals.
You’re then free to focus on more high-touch and profitable activities that
are the best use of your time, energy, skills, and expertise, all while you
generate more and more profits.
Systems come in all shapes and forms so take this opportunity to list down
the activities you do to run your business. Try categorising them according
to busines functions such as operation, sales and marketing and finance.
OPERATIONAL SYSTEMS
O Facilities management
O Supplies and raw materials procurement
O Manufacturing processes
O Quality control
O Packaging
O _______________________________________________________________________
O _______________________________________________________________________
O _______________________________________________________________________
O _______________________________________________________________________
MARKETING SYSTEMS
O Distributor relationships
O Delivery systems
O Inventory management
O _______________________________________________________________________
O _______________________________________________________________________
O _______________________________________________________________________
O _______________________________________________________________________
O Help-desk procedures
O Warrantee and service fulfilment
O Customer complaints
O Returns
O Feedback system
O _______________________________________________________________________
O _______________________________________________________________________
O _______________________________________________________________________
MANAGEMENT SYSTEMS
O Business planning
O Goal setting
O Industry and market analysis
O Strategy and tactics
O Investor relations
O Budgeting
O________________________________________________________________________
O________________________________________________________________________
O________________________________________________________________________
ORGANIZATION SYSTEMS
O Employee recruitment
O Salary, wages, and benefits setting
O Employee training and development
O Job descriptions and performance review
O Employee complaints and terminations
O _______________________________________________________________________
O _______________________________________________________________________
O _______________________________________________________________________
FINANCE SYSTEMS