Small Business Information

Organizing Tips for Small Business Success


If you discovered the bottom line in your business depended on the organization in your office, your reaction could range from complete composure to sheer terror. Organization certainly has an effect on your bottom line - and just as significantly - on your peace of mind. For the small business or home office professional, effective organizing can mean the difference between business failure and success. For the 11.1 million workers who have their offices at home, organization skills can have a significant impact on their personal lives as well.

At no time in history has there been a greater need for getting organized. There are three major reasons for this:

(1) Information is accumulating at a faster rate every day. The speed of the microchip doubles every 18 months - with no end in sight. Every day we are bombarded with new opportunities and challenges. Having the right information at the right time can turn a prospect into a client, a disaster into an opportunity.

(2) Not only do we have more to organize, but the demand to organize it continually increases. Computers, fax machines, cellular phones, and on-line services enable us - and require us - to do more than ever before. If I can e-mail you a question in 20 seconds, why can't you respond with equal speed? And if you don't, I'll move on to your competition!

(3) Small businesses owners rarely have sufficient cash flow to administrative assistants to keep them organized, so they are faced with organizing themselves. Support staff that are available are given more and more responsibilities. Many entrepreneurs have no support staff. Streamlining procedures and eliminating unnecessary steps to minimize personnel time required to complete each task is essential.

Organizing effectively requires continually asking the questions: "Is this the best way to do this?" "Is this the best time?" "Are these the best people?" Let's look at six aspects of organizing any small office or home office:

1. People 2. Finances 3. Information 4. Things 5. Space 6. Time

Identifying the right person to do the right job is a key component to reaching your desired goals. That assumes, of course, that the desired goal is clearly defined and measurable! (If not, return to "Go!") If your company has a "staff of none," you have to wear a lot of hats. Outsourcing aspects of your business, from word processing, mailing, or bookkeeping to sales, marketing, or project management, is often very cost effective, and good organizing skills will significantly increase your ability to use that avenue. Using family members in your business can be a good strategy - and tax deductible. (My children started doing my filing when they were 10 years old!)

Lack of capital is often cited as one of the biggest causes of failure in a small business. Great ideas and products without solid financial planning, and more importantly, effective execution of that plan, will never reach the marketplace. It's often easier to save money than to earn it - keep those overhead expenses at a minimum. And it's cheaper to keep a client than to get a new one, so take good care of the ones you have (unless your client is expecting you to give an unrealistic discount because of longevity - in which case you may be better off finding a new!)

Research shows that the average person spends 150 hours a year looking for misplaced information. Identify what information you need to provide the products and services your company offers. Take a proactive approach. Don't wait until the filing cabinets are too full to file, but there's no time to make decisions about what to throw away! A few hours with an organizing consultant before there is a problem can prevent weeks of grief later on.

Many offices are filled with things no one uses, while unnecessary time and energy is spent looking for things you really need. Identify a "Office Organizing Day" - wear comfortable clothes and order pizza for lunch for everyone. (Give that old printer to a school or non-profit organization that doesn't have any - and, as a bonus, write it off as a tax deduction!) Repeat the event annually as a good business practice.

Offices everywhere are getting smaller. Organizing space requires arranging things in such a way that everyone can easily use the right thing at the right time. The best source of additional space are often the walls. Bookshelves, open shelf filing systems, and workstations with "working walls" can be a major boon to the perennial space problem. If you're working at home, make sure your "home office" is a place you love.

Creative minds (a requirement for any successful business) always have more ideas than the physical body can carry out. Recognize that fact and spend time planning to identify the most crucial activities. Working smarter, not harder, is in the best interest of business and family. The carpenter's axiom - "Measure twice; saw once" - is good advice for any business.

My definition of organization is very simple: Does it work? Do you like it? And, if what you do effects other people (and it will if you plan to stay in business), "Does it work for everyone?"

How long will it take to get organized? It doesn't matter - just start! The longer you wait to begin, the more time it will take, and the more difficult it will be. Remember that in any organizing process, things will sometimes feel worse before they feel better. To manage change is difficult. Human behavior is not like computer software, it cannot be installed. It has to be nurtured. It takes time to learn new behavior patterns. Forgive yourself when you miss the mark. The rewards of good organizing skills will be well worth your efforts!

© Barbara Hemphill is the author of Kiplinger's Taming the Paper Tiger at Work and Taming the Paper Tiger at Home and co-author of Love It or Lose It: Living Clutter-Free Forever. The mission of Hemphill Productivity Institute is to help individuals and organizations create and sustain a productive environment so they can accomplish their work and enjoy their lives. We do this by organizing space, information, and time. We can be reached at 800-427-0237 or at www.ProductiveEnvironment.com


MORE RESOURCES:

Ask the experts: Small business survival plans
Financial Times, UK - 2 hours ago
By Jonathan Moules Be positive, be distinctive and be brave in the face of a recession, say our experts. “During the last recession, I was running a company ...


Balti bail-out is no comfort food for small business
Telegraph.co.uk, United Kingdom - 7 hours ago
There is also too little water from the fireman’s hose being sprayed in the explicit direction of the small business owners who are being starved of credit. ...


Dividend.com

BofA's Small Business Lending Woes
BusinessWeek - Oct 10, 2008
by Amy Barrett Bank of America (BAC) has taken a hit on small business lending—and that could mean still tighter credit for entrepreneurs. ...
Analysts: Sooner is better for BofA capital raise Bizjournals.com
Bank of America Corporation Q3 2008 Earnings Call Transcript Seeking Alpha
Bank of America Announces Third Quarter Earnings and Capital ... International Business Times
Wall Street Journal Blogs - DSNews.com
all 861 news articles


Reuters

Candidates Present 401(k) and Small-Business Plans
New York Times, United States - 23 hours ago
Campaigning in Ohio, Senator Barack Obama also put forth a proposal to deal with the economic crisis, urging a rescue plan in which the Small Business ...
Obama Proposes Small Business Rescue Plan Washington Post
Obama Unveils Small Business Rescue -- And Boosts SBA Inc.com
Obama proposes small business rescue plan United Press International
Wall Street Journal - New Hampshire Business Review
all 238 news articles


Small business owner: 'We haven't lost hope'
Bay News 9, FL - 2 hours ago
But small business owners in Safety Harbor don't seem to think the bill will help them much. "I think the bailout was just for the big guys," said BJ ...


Brisbane Times

Obama Proposes Small Business Rescue Plan
Washington Post, United States - Oct 10, 2008
He said the $5 billion Small Business Rescue Plan would be similar to one implemented after the terrorist attacks of Sept. 11, 2001, and would be run ...
Video: Obama: 'Taxpayers Shouldn't Pick Up Tab' AssociatedPress
Ohio politics news and analysis from The Plain Dealer The Plain Dealer - cleveland.com
all 1,062 news articles


SMALL BUSINESS Negros producers transcend boundaries
Inquirer.net, Philippines - 18 hours ago
By Chupsie Medina MANILA, Philippines -- An advocacy that was started by 15 women from Negros in the early 80s has blossomed to become today an outstanding ...


Couldn't be more timely, Small Business Expo set for Thursday
Great Falls Tribune, MT - 15 hours ago
By JO DEE BLACK • Tribune Business Editor • October 11, 2008 What's a small business owner to do in this uncertain economy against a backdrop of tightening ...
Tight race expected in HD20 between Jack Allen, Deb Kottel Great Falls Tribune
all 2 news articles


How Small Business Owners Can Cope With the Crisis
BusinessWeek - Oct 10, 2008
Chad Moutray, chief economist at the US Small Business Administration, says small business owners are scared like everyone else. "A lot of them are sitting ...


Small Business Week 2008 ready to Launch
is4profit, UK - 2 hours ago
Following this will be five days of events for small business–owners, presented by experts from businesses, business support organisations and industry and ...

Small-Business - Google News

Home | Index | SiteMap