Tag Archive for: Operational Efficiency

You’re Turning Over $2 Million — So Where Is the Profit? | SCS Performance

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A $2 million turnover sounds impressive. But if there isn’t enough profit or cash left at the end of the year, turnover is little more than a big number.

Your business is busy. You employ a team. The phones are ringing. Suppliers know you. Customers keep coming back. Your accountant tells you revenue has increased again.
On the surface, things look pretty good.
But there is a more important question:
How much money are you actually keeping from that $2 million?
This is something we regularly see in established trade, service and allied-health businesses. Turnover has grown, but somewhere along
… Read More
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Optimizing Staffing: The Blueprint for an Effective Business Structure

As every business owner will have heard, the greatest asset in your business is your staff… In many ways I support this comment – having benefited from having some truly exceptional people work with me, and for me, over the years. However, the evolution of business over time has meant that the traditional staffing structures now are getting questioned – and they need to be challenged in many businesses to ensure the viability of the business.

The traditional business structure surrounded itself with paid full-time staff, supplemented with part-time and then casual staff, and for the rare occasion – … Read More

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Enhancing Business Efficiency in Small Enterprises

Improvement in efficiency has been an age old quest in business, as it has enabled either more to be achieved with less effort, or for the same amount of effort, but faster with more profit.

For many reading this article, the phone or tablet you are using provides you with a more effective use of your time – as you can read this on the run. Five years ago, you would have needed to be at a computer, 10-15 years ago you would have needed to go and buy a magazine.

Increased efficiency has a variety of potential benefits, including; … Read More

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The Wallet Size Multi-Tool for Business Success

If you admire gadgets or clever design, then you will most likely have one of those nifty little tools’ which have dozens of attachments enabling you to; cut, bend, clamp, squash, saw or sew. They come in a range of colours and sizes, from pink micro versions to hang off your keys to the bulkier silver numbers designed for a holster on your belt….but….have you ever considered the value of the super thin plastic version?

Perhaps one of the smartest (and most common) multi-tools on the market for business is the 2.8mm thick plastic credit card you are carrying … Read More

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