Building a business is also an exercise in building an organisation. It requires you to set up and develop the systems and process needed to run your business. Although as an early-stage entrepreneur you may be starting out as a one-woman band, you will still need to spend your time and develop your skills in the following four key business functions:
Operational activities are the backend of your business. For example business planning, project management, email management, meeting management, website maintenance and more. It is these systems and procedure that help you take care of the day-to-day.
2. Sales and Marketing
These are the activities that you do to connect with, capture their details and convert ideal clients. This is about the systems and processes that support the customer journey for example, advertising for awareness, content marketing for consideration and email marketing for conversion.
What you do to manage your business finances requires you to have systems and procedures in place so that you can do your accounting, bookkeeping, supplier payouts, self-assessment and more.
From your network supplier to the platforms that you use to run your business getting with the tech is key. Especially now that the pandemic has made being online a necessity to do business and as well as sell your goods and services. Using and keeping up-to-date and on top of your IT systems not only saves you and your business time, money and space, it can help you to grow your business by adopting the right system(s) at the right time.
Want to know more?
Get hints and tips on business processes, systems and productivity from @ADAVirtual here
Thinking about starting a side business?
The Business of Life is part of the 3Cs Digital brand whose vision and mission it is to inspire and empower women to start and grow successful small businesses with confidence.
As well as the blog, The Business of Life is developing an online coaching programme called *5 Steps into Entrepreneurship: Side Business Start Up Success* for women over 40.
So, if you are a looking to diversify your work portfolio and income stream; and create more freedom, flexibility and financial income so that you are empowered to live a life full of passion, purpose and prosperity book a free 30-minute coaching call to find out how to start your side business from the comfort of your own home.
Have a business already? Need support in starting and developing it online?
3Cs Digital is a web marketing service dedicated to helping women in business set up and develop their online presence. Through coaching or consultancy services in web design, copywriting and social media marketing 3Cs Digital equips women in business with the digital knowledge and skills to: create and design websites, find their brand voice and curate social media posts to attract their ideal customers to their small business website.