Good small business systems are efficient and automated so that your time is freed-up to focus on doing business.
Here are some helpful small business efficiency tools to help get things running effectively.
- Hubdoc – automates business receipts into your bookkeeping system
- Practice ignition – automates client contracts/engagements and provides a payment system.
- Square – credit card process and payment collection for your business
- Adobe E-Sign – collect signatures and client approval via email signatures
- Xero – Web based bookkeeping and accounting software automating, invoicing, payroll, super, BAS lodgement, contractors lodgement.
- Divi Pay – An easy way to manage and distribute virtual corporate expense cards.
- Wise – Formerly “Transfer wise” this facility makes it easy to transfer money internationally, with minimal fees and costs.
Make a Budget/Plan
Create a budget. Ask yourself: how much you need to invoice to break even next month? By firstly working out where you want to go in regard to income/turnover, you can then get busy getting there.
Build a Client Database
Keep track of your clients and customers, people who have used your services in the past, and keep in touch.
Technology for Automations
Use technology to automate your business processes – Lots of the business processes can be automated e.g. invoicing, marketing, contracts, payments.
Separate Business & Personal
Remove personal transactions from your business bank accounts.
Build a Great Team
Surround yourself with a great team. Find people who compliment your skill set and will help you grow to the next level.