Systemizing a Business
Going back to our roots in E-Myth, we believe in creating a franchise prototype where your business depends on systems and not people (including the business owner). Systemizing your business will create a business of value that provides your with the time, money, and freedom to live your dreams. Below are a collection of articles on systemizing a business from our weekly Business Owner Insights.
August 9, 2018
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Bill is always late! Cathy doesn't seem to get it! Taylor is not getting the results we need!
If these are the types of statements a business owner is making, it may not be about the employees, but about the business's policies and procedures it has (or maybe doesn't have) in place.
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June 12, 2018
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Did you know the scalability of a business not only makes a business more enjoyable to own, but also increases the market value of a business?Scalability is an important topic that many business owners don't take the time to consider. When a business is not scalable it hits its capacity and plateaus. However, a scalable business is able to grow significantly, handle increased demand, and generate consistent revenue with lower costs
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October 25, 2016
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As business development experts we are systems junkies! There is nothing we love more than working with our clients to design a new system or getting to the bottom of why an existing system doesn't work and then helping to redesign it. Ideally, businesses are full of documented work systems and people are using those systems to achieve predictable consistent results. This might lead one to think that when all systems are in place the business is set, right? That would be true only if businesses are stagnate. But as you know businesses are not stagnate... they are dynamic... they are constantly changing.
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October 18, 2016
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Quote:
"Your system is perfectly designed to give you the results you're getting." W. Edwards Deming
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October 11, 2016
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Last week we started exploring systems beyond the electronic programs and applications your business relies on. We expanded your point of view that your business is run on different kinds of systems. Everything that happens in your business is based on a system. This week we want to challenge you to explore the degree to which your business is at risk as a result of not owning the systems being used to achieve results.
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October 4, 2016
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It happens often. When you mention systems to a business owner, their first thought is IT, the electronic information systems, software, or mobile apps that hold and communicate information. We want to expand this point of view to include all the moving parts in your business that are required for it to exist, function, be efficient, and realize the best return of investment on your time and money. Systems are the foundation of how your business runs.
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June 28, 2016
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This month we gave you things to consider "while you are away" so your business continues as smoothly as possible. By having a plan in place for a vacation or emergency, you will return from your absence stress-free and without putting undue stress on your employees.
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June 21, 2016
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Quote: "The person who owns the business doesn't truly know how to build a company that works without him or her - which is key." Michael Gerber
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June 14, 2016
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Last week we showed you the need to have a Quick Reference Guide (QRG) for your business. This week's focus on "while you are away" is how to make sure each staff member has clarity on what they own within their role in your business.
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June 7, 2016
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We see it again and again; business owners rarely take a vacation or planned time away from their business. They are drawn to the fact that the business will explode or implode in their absence. How can you leave when you (or another key person on your team) are the one who keeps the business together?
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