To quote good ol’ Uncle Ben, “With great power comes great responsibility”. If your business has taken off the ground a little bit, and customers are starting to pour in rather than trickling in, you’ve probably felt a bit of that power.
That’s the moment when you realise this is no longer some upstart company trying to make their first sale, but a fully functioning establishment that is currently making money. Well, you’d hope it is anyway, since it is not always the case. Often, when a little bit of success hits their company, they’re not exactly used to it and aren’t really sure what to do.
They don’t know how to handle the larger workload. More clients, more things to sign, more things to send off, more things to take care of in general. Business owners who started their own startup barely scraping by might not have enough confidence to realise that their company is now getting bigger and it needs more to run properly, often holding themselves and their employees back from achieving even higher levels of success. Let’s look at how you can avoid that, and make the transition into a bigger, more active business, smoothly.
Whether it’s for your employees or for yourself, you need to get the equipment which will help you deal with all the new tasks at hand. Doing basic software upgrades like a new operating system, the new Microsoft office, and maybe uninstalling Internet Explorer and replacing it with Chrome or Firefox, are always in order. This should go without saying.
However, a thing people often seem to miss is all sorts of useful software which will not only make running your company easier, but possibly more efficient too. If you have a moment, it is definitely worth investing in some procurement software or HR software systems.
Coming with all sorts of useful features such as: company analytics, clear showing of budget and company expenses, inventory control, invoice management, task lists and many others. If you’ve been running a business for a while then you will have noticed straight away how useful some of these might be. If you can afford them (which shouldn’t be too much of an issue), they are certainly worth your time, and many big companies around the world use this kind of software on an everyday basis.
When you get more clients, more jobs, more tasks, you need to expand your company accordingly. Of course this all depends on the nature of your business, but usually, this means that you need to get more PCs, more printers, and whatever more specialised equipment your company’s line of work might require.
But it does not end at equipment, not at all, the equipment is merely a byproduct of what really needs expanding, and that’s your number of employees. If you’ve been running a small three or five-person business, the workload is going to prove itself much harder and harder to handle.
Don’t cheap out on employees and stunt your company’s growth as a result of saving a few paycheck’s worth of money. Of course, with more employees, you might also need a bigger venue to accommodate them, but that’s almost unavoidable.
Well, there is one way to go around that, and that is to outsource your work to freelancers or different companies, but there definitely is an upside to having a core loyal team of employees. If your company needs a bigger workforce, don’t fight it, embrace it, and develop.