If you've arrived here after reading Part 1 of this post, you're probably asking yourself, "What is the most financially-productive way to spend time focusing on your business?" Let's continue the conversation on how outsourcing your back office and business administration duties can greatly improve the success of your business. Value of Time > [...]
You’re a business owner and there are only so many hours in your day. Growing your business is essential but you’re not sure how when you’re in charge of the back office work, too. Simply ignoring the business administration work is not advisable --- it will likely come back to haunt you. The terms [...]
Definition of back office (Merriam-Webster Dictionary) : of or relating to the inner workings of a business or institution The term “back office” was born as businesses began designing their offices with a front area for employees interacting with customers, a back area for employees doing work that is administrative, technical in nature, behind-the-scenes and [...]
If you’re a business owner looking to sell at some point in the future, you may be discouraged to hear that many sale transactions fall apart during the due diligence phase. You have the ability to minimize the risk of this happening by being a diligent business owner before putting your business on the [...]
Having the right business administrative infrastructure is a challenge for a growing business Business administration may not be at the top of your list with sales, production, or technical and product innovation. But poor business administration can create inefficiency, issues that are expensive to fix later, and in worst cases (which are not all [...]
