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Forum nameTips & Tricks
Topic subjectRE: "Money-Saving Tips & Tricks"
Topic URLhttps://www.businessownersideacafe.com/forums/dcboard.php?az=show_topic&forum=118&topic_id=3&mesg_id=10
10, RE: "Money-Saving Tips & Tricks"
Posted by CyberHost, Fri Aug-11-06 12:04 PM
1. "Money Saving Tips for Small Businesses"
Posted by Mattie Lawson on 08:37:58 6/26/2006
1. Time is Money
All time charged to your business by you and by your employees that fails to help the health of your business is non-productive time. Non-productive time wastes your business' money and resources. To reduce waste, communicate to your employees not just what to do but how their work contributes to the overall objectives of your business. Seeing the "big picture" helps employees feel more satisfied in their work, which will also motivate them to want to be more productive.
2. Align Work Tasks to Your Goals
To determine what helps the health of your business, compare how time and resources are spent to your business goals. Eliminate those tasks that don't strongly align with your goals. Ask yourself whether the purpose of each task is supportive of your goals. For those that are, measure to see if the performance actually gives the benefit you expect. A spreadsheet is a good tool to display and sort this information quickly.

3. Reduce Variation to Reduce Errors
Most mistakes in the workplace are due to the introduction/toleration of variation in how work is performed. Doing a task a variety of ways may be more interesting for the worker, but creates a result that is difficult to measure, train, repeat or reproduce with the same good results reliably. Save creative practices for those tasks that are well suited for uniqueness but perform routine tasks in a uniform, dependable, high quality manner.

Mattie Lawson
www.getmoretime4you.com