Is your business growing too fast and you are struggling to keep up?

//Is your business growing too fast and you are struggling to keep up?

Is your business growing too fast and you are struggling to keep up?

Is your business growing too fast and you are struggling to keep up? In order to fuel the growth of your business you will need to do things differently.

“For things to changeyou have to change”. – Jim Rohn

Rather than simply thinking that in order to grow your business you need more people you need to get smarter with technology and really plan where your business is headed. Just like you plan your Christmas holidays, it is also wise to create a 1 – 5 year Technology Plan.

You may find that your current supplier may not wish to go outside their comfort zone and learn about new technology; therefore they will not be proactive in introducing new technology to their clients. If you are just drifting along doing the same thing year to year, you are going backwards – while your competitors are pushing forwards in an ever changing and increasingly competitive marketplace year on year.

If this is the case, you need to engage in finding a supplier with experience in helping businesses achieve more with less people power which also reduces human error. It is not about people losing jobs but automating mundane business tasks and getting your staff generating more enjoyable and profitable work.

The downside in implementing new technology can come in the large up-front costs, as well as the extra yearly expense of having to pay for software updates or additional technology. Now days with the right supplier you can avoid paying cash and just pay a regular amount per user per month so it can be a cost effective exercise and you can quickly see a ROI.

You may need to consider changing to a supplier who can grow with you and meet your new priorities. As your business grows, consistent quality and reliability may be more important than simply getting the cheapest offer.

It is really important to make sure that you keep up to date with new technologies. Who is giving you advice? It is important to look outside the box. The supplier who gave you a market leading offer several years ago may be no better than the average deal today.

Once you find an idea and decide to make a change you need to be fully committed to your strategy, even if it takes you out of your comfort zone. This may involve hard decisions – for example making employees redundant or switching business away from suppliers you have become friends with. But unless you’re prepared to do this, you risk putting your business at a dangerous competitive disadvantage.

 

By | 2016-12-20T01:40:16+00:00 December 20th, 2016|Business Tips|Comments Off on Is your business growing too fast and you are struggling to keep up?

About the Author:

Cyrus Dickie is the CEO and Founder of Global Document Solutions, a leading print management company established in 2010. Cyrus is focused on providing the best when it comes to printing solutions for your business. Cyrus and the team at GDS are here to help guide you through the process from start to finish. The result is superior products, on time, at a competitive price and no matter how small or big your business.