Having a business can be a great way to reach your own financial goals and to help your local community by employing people. However, whether you’re starting a business or taking it to the next level, there are a few things you might want to invest in to ensure your business is operating as well as it can. Here are my top 3 things your business might need:
1. Scheduling and Time Entry
If you have staff coming and going, chances are you’re going to want to know when they’re clocking in, especially if they’re paid hourly rather than on a salary. Implementing a scheduling and time entry system ensures that you’re accurately paying them for the time they worked, which is especially crucial if they do overtime. It also reduces the paper work and ensures you’re paying them for the actual time they’re on the floor. You can even implement warnings for overtime, so that you can make sure your staff stay under certain hours. Check out sparkrock for more information on a great scheduling tool.
2. Lawyers to Set Things Up Right
If you’re establishing your business or if it’s grown substantially recently, you might want to invest in legal advice to make sure that you’re operating as efficiently as possible, with all the best legal protections such as a LLC. If you’re looking to rent a new work space, then you’re going to want to get a lawyer involved to find the best property and help you secure a good contract if you’re renting. Kazmilaw.com can help you out with all your real estate needs in Calgary.
3. A Moral Boost
With everything that’s going on in the world right now, chances are your staff need a bit of a moral boost. If your team is working remotely, why not organise a social catch up on a Friday afternoon? Or you can start planning a work social get together when all the restrictions are lifted. If you know some of your staff are struggling financially, why not send them a care package? A little thought can go a long way to helping your staff feel happier and to be more productive. Click here for a great resource that can be a guiding light during this dark time.
Investing in your business and in your staff can lead to returns you never imagined. I hope these three tips help you be more successful than ever before.