Systems create money

There are a lot of activities going on in your business. You have the main operations to run, customers to stay in contact with, bills to pay, bills to send, employees to manage, employees to develop, etc. How do you keep this going without losing any critical steps? Build systems.

Systems create order out of chaos. Systems are about the big topics in your business: one for customer relationships, one for inventory, one for accounting, one for sales, etc. And in each system there are many different processes. It is possible to have processes and no system design. In fact, this is very common.

What do systems do for you? It makes sure that you have sufficient inventory to serve your customers. It makes sure that your invoices are sent out timely and your taxes are paid. A system makes sure that each employee is evaluates every year and given opportunities for development.

And how does this create money? Time is money and systems help you create time and manage time. For instance a systemized invoicing process helps this get done faster and invoices sent out sooner. That means money comes back to your business sooner. Money in the bank collects interest.

Creating systems takes some time investment but once it is done you should reap the rewards of efficiency.