Online business Begin from the Start – Making a List of Most Recurring Tasks

 

Online business Begin from the Start – Making a List of  Most Recurring Tasks

Begin from the Start – Making a List of Most Recurring Tasks

  Whether you already own an online business and find yourself constantly 
exhausted from the daily work, or you are planning on opening an online 
business in the future, there is still plenty of time for you to get into the 
swing of systemizing your business. Once you start working on the steps 
outlined in this guide, you may begin to realize that many of them are 
simply common sense.

Step One: Identifying Recurring Tasks

  To start systemizing your business, you need to begin by listing all the 
general functions that you do both daily and through the course of the 
week. It doesn't matter if you are a brick and mortar business, an 
online business, or a hybrid business that involves an Internet 
presence as well as a physical site. Here are some of the more common 
tasks that will apply to every business.

Accounting
  When it comes to your business’s income and expenses, you have to create 
some sort of process for keeping track of what comes in and what goes out. 
Having business systems in place for your accounting tasks will allow you 
to ensure that you are profitable, as well as making sure you have the 
appropriate records to back up your tax filings, that you have paid your 
vendors, and that your customers are paying you within your set terms. It 
is also essential to make sure that your paying your employees on time and 
have the right amount of taxes being deducted from their pay. This is one of the systems in your business that you have to keep a close eye 
on. However, this doesn’t mean that you have to do the work yourself. 
Financial management systems will allow you to keep track of everything 
from tracking credit card purchases to invoicing clients, to following up on 
past-due accounts. Here are some of the other accounting systems that can 
be systemized.

• Purchasing
• Tracking credit card purchases
• Accounts payable
• Accounts receivable
• Deposits to the bank
• Cutting checks
• Payments on taxes
• Profit and loss statements
• Invoicing
• Daily cash out
• Petty cash
• Employee expenses
• Payroll

  Putting these systems in place will help to prevent employee theft and 
allow you to have a clear picture of your business’s numbers. They will 
allow you to control your purchasing and ensure that you sign-off on each 
decision that is made.

Administration

  Somebody has to ensure that the day to day tasks are being 
accomplished. Depending on the size of your business, this may 
involve a central manager or supervisor, or several managers who 
oversee one or more departments.
Administration is an essential area of your business to systemize because 
of the high turnover rate that most administrative roles see. 
Implementing a series of systems can help to reduce training time and 
keep you from having to explain to new hires how the phone needs to be 
answered every time a new employee joins the team. Here are the 
administrative tasks that should be systemized.

• Opening and closing procedures
• Phone greeting
• Mail processing
• Office maintenance
• Filing
• Paper management
• Document production
• Inventory management
• Order processing
• Creating orders

Marketing

  No matter how good your products are unless people know that are around, 
there is no chance of ever getting your online business off the ground. 
Marketing involves creating strategies, learning how to reach niche markets, how to position your product, writing compelling marketing copy 
and general marketing collateral. Marketing your business is probably one 
of the areas where you spend most of your time. You are most likely 
focusing your efforts on generating new leads and getting more people to 
call you. These efforts can be efficiently systemized and delegated to other 
members of your staff. Here are some other marketing systems that you 
can systemize.

• Promotions
• Marketing calendar
• Advertising
• Direct mail
• Advertising creation system
• Social media
• Content creation
• SEO systems
• Newsletter templates

  You can use systemization to create simple systems for your business's 
primary promotional efforts. Any of your team should be able to pick up 
your marketing manual and implement a successful email marketing 
campaign or create a purposeful advertisement.

Sales

  Many people tend to lump sales and marketing together. However, to 
create a truly systemized business, they must be treated as different 
functions within the company. While marketing is about getting the 
general word out about your business, sales are about following leads and converting prospects into paying customers. Some of the sales systems that 
you can systemize are as follows:

• Referral program
• Customer retention
• Sales procedures
• Lead generation
• Lead management
• Sales script

Technology and Data

  It is almost impossible to operate any kind of business without having 
reliable resources in place that can help you keep your website 
functioning correctly, your servers running, and your workstations from 
losing critical data. Your business needs to have clear systems in place for 
managing both your paper and electronic organization to ensure that your 
sensitive business information is protected and easily accessible.

  Implementing data management systems in your business will help you 
stay organized. When everyone on your team knows where information is 
supposed to be stored and how it should be handled, you can reduce 
enormous stacks of paper from forming around the office. Here are some 
other data management systems that can be systemized to ensure your 
business continues to run.

• IT management
• Data backup
• Computer repairs
• Electronic information storage
• Client files
• Project files
• Point of sales system
• Financial data management

  You need to ensure that your data management systems include a data 
backup system. This will ensure your data and business are protected in 
the event something happens to your server or computer software.

Human Resources

  Even if you only have one other person involved in your online business, 
someone has to make sure that you are functioning within the guidelines 
and regulations that apply to the kind of business you are running. 
Managing HR policies and procedures can get very involved, so it is 
essential that this particular function is controlled by someone else who 
has an eye for detail and who can assimilate a lot of data.
Along with creating systems for hiring, firing, and training employees, 
your HR systems will include documented processes for the following:

• Recruitment
• Retention
• Incentive programs
• Employee reviews
• Employee feedback process
• Employee training
• Professional development
• Ongoing training
• Job descriptions and role profiles
• Uniforms and dress code

  Employees with clear expectations and clear structures are happier and 
more productive in their positions. Establishing a clear training manual 
will save you the time of training each new staff member.

Communication

  Communication is an essential aspect of any business and is often one of 
the most time-consuming pieces. Sales letters, fax cover letters, internal 
memos, newsletters, and reports are all types of communications that need 
to be created on a regular basis by different people within the organization.
Most of the time the communication systems that you use in your business 
aren’t much different from one to the next. However, each one is created 
by a different person, from scratch. Your communication systems provide 
a massive opportunity for systemization. Systemizing these 
communication systems ensures that you will have consistency in your 
business.

• Internal memos
• Fax cover template
• Letterhead
• Team meeting agenda
• Internal emails
• Newsletter templates
• Sales letter templates
• Meeting minutes
• Reports
• Internal meetings
• Scheduling

Customer Relations

  Another critical area that you need to consider systemizing is your 
customer relations. This includes everything that a customer sees 
and touches in your business, along with the interactions they will 
have with your staff.

  Establishing a system for your customer relations will ensure that any new 
employees will understand how your business handles customers. This 
allows you to maintain a high level of customer service. Theses customer 
relations systems are perfect for getting your business systemized.

• Incoming phone call script
• Outgoing phone call script
• Customer service standards
• Customer retention strategy
• Customer communications
• Ongoing customer communication strategy
• Customer liaison policies

Purchasing

  No matter how lean your run your online business, you will be required to 
purchase items for your business from time to time. While you may only be 
buying general office supplies, a software program from time to time, or 
promotional materials, having a process in place can ensure that you never run out of the items that you need. Some of the purchasing systems that 
you can systemize include:

• Inventory
• General supply orders
• Shipping materials
• Evaluating pricing
• Policy compliance
• Filing paperwork

  It is essential to have someone in your company that is capable of 
establishing relationships with your vendors and can maintain the 
rapport to ensure that you are getting the best prices on the goods and 
services that you are purchasing.

  Your initial list needs to encompass all of the essential functions that are 
related to operating your business. Once you have the list in place, you can 
begin the next step of the process.

Step Two: Organizing and Prioritizing the Functions

  Once you’ve identified all the recurring tasks in your business, it is time for 
you to organize and prioritize those functions. Depending on the size of 
your business, you might be able to combine some of the tasks into a single, 
general category, as long as your business remains relatively small. It's also 
important to remember that you can always split categories later on as it 
becomes necessary. Here are some examples of how you can prioritize your 
essential business functions.

Product Development

  Before you can even start a business, you need to have a core product or 
service that you can offer to potential customers. This makes product 
development one of the most critical functions in your business and thus 
should be placed at the top of your priority list. Product development is 
likely to continue to remain high throughout the course of business since 
you will need to continually improve and refine your product over time for 
it to stay competitive in your market. Coming up with new products that 
will compliment your core line will also be a function that you will have to 
perform throughout your time in business.

Administration and Accounting

  For small businesses, combining the administration and accounting 
functions makes sense. You can hire a single office manager who can take 
care of the day to day clerical tasks as well as posting credits and debits to 
the books. As your company expands, you can split these two functions 
into separate teams. Before you can start selling your product or services, 
these two areas of your business must be structured and in place.

Tech Support

  You can’t successfully run an online business if you don’t have a functioning 
website or if you have problems with your equipment. Having someone 
who knows how to build and manage a site and keep your equipment 
running is essential to have in place before you make your first sale.

Sales, Marketing, and Customer Support

  When you are first starting your online business, these business functions 
can be combined and handled by one or two people. Over time, as your 
business gets off the ground and continues to grow, you will need to split 
these functions into their own department and have separate policies 
documented for the processes that go along with each task. After you’ve analyzed your list and prioritized the functions according 
to their importance and need for getting your business up and running, 
the next step is developing the policies and procedures that will be 
essential for keeping your business running, even when you aren’t in 
the office.

Step 3: Developing Policies and Procedures

  When you have your priorities in order, it’s time for you to begin 
developing the policies and procedures that will be at the core of your 
business. These policies and procedures will keep each of the essential 
functions of your business running smoothly so you can focus your time 
and effort on growing your business. It is necessary for you to keep in mind 
as you work through this step, that even if you are combining several 
functions under one umbrella initially, that each of these functions must be 
clearly defined with their own specific processes and responsibilities.

  Developing policies and procedures is nothing more than creating a logical 
process that can be documented in a training manual. They must be as 
relevant for a team of three as they would be for a group of three hundred. 
Here are some examples to help you begin crafting the procedures for each 
of the essential functions of your business.

Accounting

  You should have policies in place that include guidelines to how frequently 
posting should be done to Payables and Receivables, when taxes should be 
determined, how to handle employee payroll, and how to track expenses.

Administration

  The administration policies and procedures should include guidelines on 
how to schedule employees, how to draft letters and general correspondences, how to arrange and maintain the filing system, booking 
travel for department personnel, and ordering office supplies.

Sales, Marketing, and Customer Support

  The sales, marketing, and customer support departments will need to 
have clearly defined instructions on how to interact with the public. 
Marketing will need guidelines for how to create compelling ads that
appeal to consumers while the Sales and Customer Support departments 
will be representing the company when approaching prospective 
customers and taking care of existing ones.

Step Four: Documenting the Processes

  For your business systems to work correctly, they need to be clearly 
documented so that there is no opportunity for miscommunication or 
confusion on what should be done in any given situation. While recording 
your processes and procedures can be intimidating, there are some 
excellent resources for managing this.

  Your new hires, presumably, will have some experience in the area where 
they will work. Draw on this experience to help you create the policies and 
procedures for your business. To cut down on the time you spend writing 
down the processes, turn to templates and samples found on the internet or 
obtained from other companies. There is no point in your spending your 
valuable time reinventing the wheel. A lot of the information that you need 
has already been written and can be customized to work for your company 
with minimal effort on your part.

  If you genuinely don't have the time or resources in your company to help 
you document your policies and procedures, you can always hire a business 
consultant to help you create a training manual and a workable employee 
manual. The money you spend on this type of service will be well worth it 
in the long run.

Step Five: Implement the Processes

  Once you have started documenting your processes and procedures, you'll 
want to take them for a test drive. Start implementing the processes to 
determine if the basic structure is sound. Don't be upset if you run into 
bumps along the way, no business, no matter the size, gets it completely 
right the first time. As you do a test run on the processes, consider whether 
the process has the potential to be tweaked along the way to ensure that 
your company is capable of running smoothly when you’re away.

  As your company grows, you will find it necessary to add positions to 
various departments, adjust policies and procedures to accommodate 
new laws and regulations, or create new departments by splitting older 
ones. If your primary system is sound, these new developments in your 
company will be relatively painless to deal with and won't require you to 
overhaul the way you do business entirely.

Step Six: Diagram the Flow of Your Business

  It isn't enough for you to merely identify and prioritize the functions in 
your business. You also need to ensure that there is a logical ebb and flow 
between each of these essential areas.

  While this may seem redundant once you've figured out what each 
department is supposed to do, you can think of it as creating the jewels 
that go into the necklace. They may be beautiful in their own right, but if 
they aren't correctly linked, nobody can wear them.

Here are some ideas to help you with the diagramming and 
definition of the communication flow within your business.

• Start with diagraming how things flow through each department. 
For example, a new customer order begins with Sales, makes its 
way to Order Processing, then finds its way to Shipping, and finally 
ends with billing. At some point, Customer Support will need to be involved in following up and making sure the customer is happy 
with their purchase.
• Next, identify who is responsible or accountable for each 
progression in the flow.
• Evaluate how long it takes for the flow of the order to make its way 
through the process and determine if any areas need improvement.

  Taking the time to diagram the various processes will help you in a couple 
of ways. First, it will make it clear whether or not the policies and 
procedures that you have implemented are working correctly. Secondly, it 
will help you and your team spot any areas where you can improve 
communication, more clearly define procedures, and which steps can be 
streamlined to save you both time and money.

  While this may seem like a great deal of work, it is relatively easy to 
accomplish. The degree of detail and time that you spend developing these 
procedures will depend on the size and nature of your business.

  While some of the steps will be able to be completed in a matter of 
minutes, others will take days or weeks to accomplish. Building a solid 
foundation when you are first starting your business will save you a 
considerable amount of time and money once you have your company up 
and running.
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