Whether it's virus break up or spring break upThis is the time to focus on the details; all those items on the "backburner" should now be getting moved to the to do list. Focus on all the small things that will save time, decrease hiccups and add value to your business. Here are a few to think about.
Employee Handbooks, Training, Employment Contracts Remember that time that big project was delayed because a staff member mishandled and issue that you thought was common sense? How about that time you had an employee on leave for a month and you didn't know what your options were if you had to replace them. This is the time to solve those problems. All the little areas that bleed your company of money and productivity. Meet with your HR professional and lawyer to draft the agreements in a way that solves some of these problems. Develop the training and handbooks so that recurring issues don't keep recurring. Insurance Your business is constantly evolving and growing, your needs are changing all the time. Your insurance policies will not accommodate this on their own. Remember that time you bought a policy to cover your overhead when your overhead was $5000 per month? What is it now? You bought a disability policy to cover your income when it was $4500 per month, what is it now? Does your group benefit policy work as well for your current staff as it did for the staff when you set it up? Take the time to make the changes you need to make now. It's much more difficult to implement these changes when everyone is working full out. Go Forward Plan We are reaching out to our clients and developing a go forward plan. This is where we can we plan out what we are going to accomplish in the next 12 months. It gives people clarity in an uncertain time. We ask them how they would like us to communicate with them (phone, email, text etc.) and how often they expect to hear from us. Take this time to reach out to your key contacts and do the same. Take this time to focus on the relationships that you have and build confidence in your business. If you would like help in these areas or would just like to see what your options are, click here, we would love to hear from you.
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AuthorDean Chapman is a financial planner with an affinity for business. |