June 23, 2020

Efficient Businesses Have Effective Processes

Is your business getting sales? Is it making a profit? Is it organized with effective processes that result in greater business efficiency? These questions are not meant to be addressed separately but rather as an interrelated whole. In the business hierarchy of needs, as addressed by Fix This Next coaches, sales are the most basic aspect of a successful business followed by profit. But, from the very beginning, a business will be more efficient and profitable when it is well organized. This means having specific processes in place to keep track of what is going on at all levels of the business and getting custom reports that cover both the details and the big picture of your business.

Are You Caught in the Business Survival Trap?

Too many business owners get caught in the survival trap of putting out brushfires and dealing with the issues right in front of them. Unfortunately, many of the solutions to these immediate problems only make the underlying issues worse! If this is the case in your business, what can you do? There is a solution at hand. The Fix This Next system developed by Mike Mike Michalowicz and implemented by specially trained and certified Fix This Next Coaches will help you identify the core issues that are holding your business back and also creating those brushfires that take up all of your time.

The system is based on recognizing and dealing with the business hierarchy of needs.

• Sales

• Profit

• Order

• Impact

• Legacy

The fact of the matter is that any business is like a chain with weak links. When the weakest link is no fixed, the chain breaks, no matter how strong off of the rest of the links are. Fix This Next coaches like Exigo Business Solutions in the Kansas City area evaluate your business with a close eye on what aspects of the business hierarchy of needs are being dealt with. Then, the immediate need is to deal with the most basic issue first of all. This problem may be sales or it may a lack of sufficient profit despite excellent sales. Exigo Business Solutions has been in the accounting business for years and has helped many clients deal with difficult business issues. We have known for years that addressing the most basic or core issue needs to be done first. Then, that issue needs to be tracked to make sure problems do not recur while the next problem down the line is addressed.

Efficient Businesses Have Effective Business Processes

This brings us back to our original point. To be your most efficient and most profitable, your business should be organized so that tracking things is not an insurmountable chore. There need to be processes in place to take care of every routine business need so that you, the owner, are not running around sticking your finger in the dike to stop leaks. The old saying is that when you are up to your behind in alligators it is time to drain the swamp. Here is where Fix This Next coaches come into the picture. At Exigo Business Solutions we are not only the top accounting firm in the Kansas City area but have extensive experience helping businesses get organized on the way to much higher profitability.

Whether you upgrade your bookkeeping software to QuickBooks Online or upgrade your whole setup to Office 365, we can help you make the necessary changes to improve the efficiency of your overall operation and take full advantage of modern business intelligence software. But, the most basic and important part is that as Fix This Next coaches, we will help you ferret out the most basic issues that are stymying you, taking up your time, and leeching away profitability. For more information about the Fix This Next system or any other accounting or business issue, contact us today.

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