Leverage is all about: Saving Your Self Time Energy & Money
Leverage is all about having systems in place that ensure that you are able to do the work once. The best examples would be writing a best selling novel or a hit selling record. These have both been written once but read and played numerous times.
Making the your business work – with the help of systems & processes is a very important step on the ladder of success, especially when you are looking to sell your business.
There are 4 Ways to Systemise your business: People / Systems / Delivery / Accounting. On systems – Complete a task without recording it, you are condemning yourself to repeat it….show & tell – train your staff
The 9 Steps to Systematizing a Business:
- Vision Statement …
- Mission Statement …
- Culture Statement …
- SMART Goals …
- Organization Chart …
- Positional Contracts …
- KPI’s …
- How To Manuals …
- Management Systems …
Use the 80:20 Rule – Systemise the Routine & Humanise the exceptions
Remember Systems build value into a Business, so when the time comes to sell – you have something of value to sell!
If you would like to learn more read Instant Systems –by Brad Sugars
