How to Use Existing Business Resources Better
Every business wants to be able to do more than they're doing now; do it better than the competition; and improve profitability. Efficiency, communication and leaner processes can help get you there.
The Role of Processes Automation
Labor is one of your biggest expenses. Finding a way to make better use of the labor force that you have can have a major impact on your profitability. For instance, if it costs you $40,000 per year to add an additional team member, that person needs to add $100,000 value to your core business to maintain your current level of profitability. Back office departments (accounts payable, human resources, payroll) contribute nothing to your core business profitability. So, an additional employee in the back office detracts from your profitability. But, if there's more work to be done than you have people to do it, you need a solution!