4 Key Steps To Streamline Your Business and Save Time

Two of the focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. Your most valuable asset is your time and thus as a business owner, you have to think about how to optimize your operations so they can be as efficient as possible. The following contributed post is entitled, 4 Key Steps To Streamline Your Business and Save Time.

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Time is money in business and every penny saved is a penny earned. Being able to streamline your business and cut down on wasted time helps massively in your quest for business success. However, if you are new to running or owning a business it can be a bit confusing, or even overwhelming, wondering what areas of your business that you can save time in or even eliminate altogether. Here are 4 key steps you can take to better streamline your business and maximize your time.


Standard Operating Procedures

Standard operating procedures, or SOPs for some, are a method of operating that lays out clear guidelines and procedures for performing certain tasks. They should be clearly written down and accessible, especially if you plan on bringing new hires into the company. What these procedures do is help you set up new hires and existing staff with the tools they need to complete tasks quickly and efficiently. By ensuring that all parts of any given task are laid out clearly and with attention to detail, there should be no excuses when it comes to performing tasks correctly and with speed.


Outsourcing is a great way to take some of the stress of running a business away from yourself, so that you may focus on other more important areas, such as customer acquisition and actual work. Anything can be outsourced these days, including your HR, payroll, and general administration. Finding a company that provides all of these services in one place is a huge benefit as you don’t then have to deal with multiple agencies who provide your services. For time and cost-saving, it is worth looking into what companies are out there and how they can help, such as the company at the next link (https://employeradvantage.com/payroll-service-management-and-the-latest-software-solutions/)


Automating certain parts of your business allows you to save time on smaller tasks that would normally take up your day. You can automate most things from email responses to invoice generation. Remember though that just because you can automate something doesn’t mean you should. Some tasks still require a human touch so if you are going to set up automation make sure that you can keep an eye on it. Some software can be found for free or some can be paid for so If you do end up paying, make sure you are considering how much you are paying to how much time you are saving. Make sure it’s worth it.

Reduce Paper Usage

Reducing your paper waste is a great way to streamline your operations. By removing paper usage you can remove the time that it takes to process and digitize. Doing this will save a number of hours in the long run which will again save you money as well. However, there are some documents that just cannot be eliminated no matter how hard you try. For these documents, it is recommended that you implement a solid and function paper filing and documenting system. It isn’t enough to just put them in a folder and hide them in a drawer somewhere. You must be able to access them as and when you need them, and to be able to do so quickly and efficiently.

Author: anwaryusef

Anwar Y. Dunbar is a Regulatory Scientist. Being a naturally curious person, he is also a student of all things. He earned his Ph.D. in Pharmacology from the University of Michigan and his Bachelor’s Degree in General Biology from Johnson C. Smith University (JCSU). Prior to starting the Big Words Blog Site, Anwar published and contributed to numerous research articles in competitive scientific journals reporting on his research from graduate school and postdoctoral years. After falling in love with writing, he contributed to the now defunct Examiner.com, and the Edvocate where he regularly wrote about: Education-related stories/topics, Science, Technology, Engineering and Mathematics (STEM), Financial Literacy; as well as conducted interviews with notable individuals such as actor and author Hill Harper. Having many influences, one of his most notable heroes is author, intellectual and speaker, Malcolm Gladwell, author of books including Outliers and David and Goliath. Anwar has his hands in many, many activities. In addition to writing, Anwar actively mentors youth, works to spread awareness of STEM careers, serves on the Board of Directors of the Friends of the David M. Brown Arlington Planetarium, serves as Treasurer for the JCSU Washington, DC Alumni Chapter, and is active in the Dave Ramsey Financial Peace Ministry at the Alfred Street Baptist Church. He also tutors in the subjects of biology, chemistry and physics. Along with his multi-talented older brother Amahl Dunbar (designer of the Big Words logos, inventor and a plethora of other things), Anwar is a “Fanboy” and really enjoys Science-Fiction and Superhero movies including but not restricted to Captain America Civil War, Batman vs. Superman: Dawn of Justice, and Prometheus. He is a proud native of Buffalo, NY.

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