Growing a small business requires increasing capacity. But there are a lot of ways to increase capacity in your small business. The trick is identifying the ones that will work in your business.
In this article we’ll share a practical and simple way to find the best path to growing a small business and increasing capacity customized to YOUR small business. (And check out one client’s success story below)!
What makes the search simple is that there are only 3 places in your business to look if you want to increase capacity—
1. People
2. Processes
3. Technology
Does your business need more capacity? You do if you:
✓ Feel overwhelmed or your staff feels overwhelmed
✓ Think the only way your business could handle more business is if you hired someone
✓ Lack standard operating procedures
✓ Believe you don’t have time to work with a business coach
✓ Experience frequent delays in product delivery
✓ Have technology that can do more than you’re using it for
✓ Know you need to be more innovative but don’t have the time
When you think about the definition of capacity, who doesn’t need it?! It’s what growing a small business is all about. As business coaches, business owners seek us out for a lot of complex reasons, the majority of which can fall into the need to create more capacity.
Stated differently, increase your capacity and you’ll have—
✓ Enhanced productivity – With adequate capacity, tasks can be completed more efficiently, reducing stress and boosting output.
✓ Improved morale – A well-supported team is a motivated team. Increasing capacity can lead to higher job satisfaction and lower turnover rates.
✓ Greater flexibility – Additional capacity allows your organization to be more agile and responsive to market changes and customer needs
Fortunately, you can take a simple approach to increasing capacity, because there are 3 ways to do it—through your people, your processes, or your technology. Let’s dive into each one.
Click here the 3 Ways to Increase Capacity...
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