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As a business owner, you understand that time is money. When you increase the productivity of your business, you can decrease your expenses and increase your income. However, it's not always easy to increase productivity, especially when you are working with a limited budget.
If you are searching for ways to help your productivity without spending a fortune, keep this advice in mind.
Ask for Honest Feedback
If you are serious about increasing your productivity, you need to be comfortable receiving honest feedback. Your employees are the people who are working in your business every day, so they have the best understanding of what works and what does not.
Some business owners and managers shy away from feedback because they do not want to deal with criticism. It's not always fun to hear about what needs to be changed, but you can't improve your productivity if you don't know what is hindering it.
At times, employees are reluctant to give honest feedback. They don't want to be seen as negative, or they are afraid of backlack from their suggestions. If you feel that this might be a problem in your workplace, implement an anonymous feedback system. Encourage your employees to write their productivity suggestions and submit them anonymously.
Reduce Paper Clutter
You might be surprised to find out how much time your employees waste every day dealing with paper. Filing paperwork can take hours, and mailing out statements to all of your customers requires time, effort and plenty of postage fees.
One of the best ways to reduce your paper clutter is by switching to estatements. You'll save money on postage, your customers can receive their statements more quickly and your employees won't have to spend their time stuffing envelopes. Companies like Lanvera.com offer electronic statements and a variety of other paper-saving solutions.
Start Small
When you're excited to increase your productivity and move your business to the next level, it can be tempting to make a lot of changes at once. Even if productivity changes are positive, it's important to start small instead of trying to implement many different ideas at the same time.
When you make too many changes in a short time frame, you can actually decrease productivity instead of helping your business. Your employees are used to doing things a certain way, so you need to give them time to adapt to change without changing everything at once.
Start by deciding which change will have the biggest positive impact on your business, and implement that change first. Once that goes well, you can start thinking about making additional changes.
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