Whether you’re a small business or an international brand, getting to know your suppliers comes with some advantages that you simply shouldn’t pass up. It doesn’t matter what kind of industry you’re in, how many employees you have or even if you’re a remote business with no office. You’ve likely got a supplier delivering physical or even digital assets to your business. It could be offering you server space, an internet connection, shipping boxes or even the product you’re selling. Whatever it is, it’s worth getting to know your supplier–and here’s why.
Minimizing the risks of price volatility
Stock pricing can occasionally be volatile because of unpredictable market conditions. A product that you purchase for a low price can often increase in price based on the raw material price. This usually isn’t a problem for digital assets such as server space and bandwidth, but it can still cause an issue when the prices change drastically and suddenly.
By getting to know your suppliers, you can often get wind of these changes before they have a chance to take place. In some cases, you might even be protected from volatile pricing. This is a fantastic way to help you stabilize your business and ensure that your financial situation remains predictable and stable.
Immediate delivery and additional services Many suppliers are more willing to offer additional services, such as immediate deliveries or even weekend services, for companies that they’ve worked with for a long time. For instance, if you need gas oil to power your machines or vehicles and it’s an emergency, then it’s worth building a good relationship with your suppliers so that they can provide you with unique services that most other companies don’t offer.
By building up a good relationship with your suppliers, you tend to unlock more opportunities for specially-tailored services. You can also make more detailed requests since the supplier is more accustomed to the way you do business and is more likely to accept your custom orders and needs.
Improved efficiency of your business Once you’ve defined a solid relationship with your supplier, it opens up the possibility of improving your overall workflow and efficiency. Suppliers can gain a better understanding of how you do business and tweak their services to fit your needs. However, this isn’t possible unless you build a good relationship with the company that supplies you with your essentials.
A good example is in communication. If you have a dedicated member of staff assigned to your business, you have a direct line of communication that avoids any queues in their support. You’ll also find it a lot easier to speak to the same person instead of a different employee each time. This will help you speed up the service you get from the supplier, resulting in a more productive workflow.
Reliability is a factor that is highly valued in the world of business since it offers consistency and predictability. That’s why it’s a good idea to get to know your suppliers regardless of what they offer you.
We all know that technology can really boost the way we do things, but this can apply to work and vital areas of our lives and not just for fun. Like healthcare. Here’s exactly how that is happening.
Electronic Healthcare Records One of the basic ways that technology can aid in healthcare is with electronic healthcare records (EHRs). This streamlines administration and makes it easier for a patient to be cared for accurately, as all professionals have access to the information. Thankfully, a survey from 2017 shows that almost 90% of hospitals have some kind of basic form.
Barcoding Something that is incredibly useful in the process of blood transfusions, is barcoding. It minimizes errors and their subsequent risks. Of a study that was carried out in 2015, research showed that a full range of medical departments were using barcoding technologies, such as laboratories, pharmacies, medication administrators, and radiology departments. This allows processes to be tracked more efficiently.
Radio-Frequency Identification Finally, there’s also the addition of Radio-Frequency Identification (RFID) tags in patient-lead care. Right now, it seems that around 97% of medications are using them, 89% of patients are using them, and 59% of nurses are. And it’s definitely safe to say that communication innovations like this can make it easier for diseases and illnesses easier to monitor.
You can find out more information about the emerging technologies and innovation in patient centered care in the infographic below.
If you are a business owner, then you will want the best people working for you. You probably don’t have the time or money to waste on bad employees. Having a well- managed and productive workforce will mean that you get work done in a timely manner so that you can continually be looking toward the next project or moving onto the next phase or season.
Having the right people by your side will make your life so much easier. But finding these people can be hard work. Recruiting and interviewing a team can take a considerable amount of time, and, if you get it wrong, you will be stuck with people that may become a hindrance rather than a help.
Hiring a company such as DSC Personnel may be the answer that your business needs in terms of finding the right people for the job.
Using A Recruitment Firm Using a recruitment company to bring talent into your company is a great idea as it will save you a lot of time and effort. While you may know what you want from your new employees, identifying someone with those skills can be harder than you may think and using a specialist recruiter will mean that you can take advantage of their skills and expertise in the area.
From advertising the role in all of the right places, through to sifting the applications as they arrive, you can save yourself considerable effort leaving you free to run your business. Then, your recruitment firm can run a series of interviews on your behalf and work towards finding people with the specific skillsets that you need.
Use Temp To Permanent Solutions To Ensure That You Have The Right Person Getting the right person for the job can be tricky. And, if you bring the wrong person into your business, you will then have to deal with the stress of performance managing them or even sacking them eventually. This can be an inconvenient and costly process that can also have a severe impact on your productivity.
By hiring people as temporary staff with a view to making them permanent will mean that you are not obliged to renew, extend, or replace their contract at the end of their fixed term. This period will allow you to assess the workers on the job and to see whether they are the right fit for your company.
Having the incentive for a temporary position to become permanent can also help to bring out the best in potential new hires, especially if they are working alongside competition for the role.
All Your Legal Checks Are Covered With so many legalities surrounding an employee’s right to work, you cannot afford to put a foot wrong. But by using a specialist recruitment company, this can all be managed during an on boarding process that they can assist with. All identity and reference checks can be carried out ahead of your new employee’s first day with your company.
IT Technicians are crucial for any business. Ensuring that your computer equipment is up and running 24/7, fixing any issues that occur and maximizing efficiency within your workforce, it’s essential that you find reliable and trustworthy staff. You don’t want to lose money because your equipment isn’t working. So cut any issues in the bud by investing in an IT technician/s for your business.
But how do you find reputable IT technicians in your area? To help you through this process, here are the four key methods that you can try:
Word of Mouth Know of other companies within your industry that have a credible IT technician? If they are outsourced and not hired as full-time staff, you could get in contact with them and see if they would have the capacity to work for your business too.
Through this method, you’ll also get an idea of their performance – comparing and contrasting their services along with others that you have found during the research process.
As it’s such an important role to play within your business, these customer testimonials can prove to be an invaluable resource that helps with your final decision.
Recruitment Websites Whether you’re looking for a temporary or full-time IT technician, you can find them through recruitment websites. By advertising the position, you can list the responsibilities, skills and experience that they must have for the role.
Once the applications start to come in, you can then take a look at the various CV’s – paying attention to how closely they align with what you require.
Through Social Media Nowadays, a lot of people within the service industry post about their business on social media platforms. So it’s always a good idea to check the various platforms whilst on the hunt for an IT technician. Many companies also post job adverts on them - in order to appeal to a wider breadth of employees.
However, with this method, it’s important that they have experience and have customer testimonials showcasing their skills. Without doing this, you might hire an IT technician with little knowledge or experience in the field – costing your business far more in the long run.
Just as vital as keeping your business safe online, you also want an employee that will be there to help when you need it and that you can contact any time of the day.
On a Local Marketplace Platform Similarly, when outsourcing for IT technicians, it’s worth looking at marketplace platforms. A website for businesses, they will list various IT and computer technicians in your local area. Snapshots of what they can offer you, you’ll be able to filter the results based on your bespoke budget.
Final Thoughts So, there you go! Those are the key four techniques that you could use to find reliable IT technicians that you can trust for your business. Of course, the method that you use is completely up to you and what hiring practices you use.
Whether you opt for a local marketplace platform or hiring through word-of-mouth, you’re bound to find a credible IT technician that will help with the growth and success of your business.
Last week I shared with you how I set myself up for success when it comes to planning my goals, and I shared with you how my main goal for 2020 is to buy a house! But this week, we’re going to switch things a bit and talk about setting your business goals.
I think that setting goals and developing a plan to achieve them is what sets successful businesses apart from unsuccessful or sedentary ones. Regardless of your business’s age, history, location, industry, or profitability, goal-setting helps you stay focused, motivated, and on track.
Goals prevent stagnancy. I believe goals set the stage for success.
I want to share with you 5 goals you need for your business to have a successful 2020!
1. Increase traffic to your website, blog, and/or social media pages.
The more traffic you get to your platforms, the more opportunity for your sales and customer loyalty to improve. In order to accomplish this traffic increase, you need to first increase the quality and perhaps quantity of your content marketing strategy. Understanding social algorithms and your website SEO, or consulting with a professional who does, is a great first step! Developing a valuable, relatable content strategy for 2020 will help you drive more targeted traffic and build a warmer audience.
2. Delve into new networking opportunities.
If you are not actively networking your business, then you need to set a goal to start. Get yourself and your business in front of more people and start making more genuine connections. This might come in the form of attending conferences, more online networking, sharing your expertise at speaking events, or hosting events yourself. Whatever the case, get outside your comfort zone and start talking about your passions. The more people you know and who know about what you do, the better for your business!
3. Schedule in times of rest.
This might be hard for some, but it can be as simple as dedicating one day of the week where you will not work on your business. It might be as extravagant as planning a couple of weeks in the year where you’ll go on a vacation with your family. Whatever the case, making sure you have time to rest, reduce stress, and get a bit of space from work, this will help you avoid burnout, and it will also help improve your productivity overall. Hopefully you’re passionate about what you do, and you actually enjoy it, but you must be sure to get some downtime where you disconnect from work completely to not get overwhelmed.
4. Perfect your personal brand.
Often when we start a business, we’re focused on gaining clients and starting work, leaving a lot of other important details untouched. We start having some real success, which forces us to leave these details on the sidelines for longer than anticipated. However, there are certain things you should be doing for your business to make sure you stand out from your competition. Branding is one of these things. If you haven’t determined your brand yet, laid out your vision and mission statements, decided on your colors and brand “personality,” then this is the year to do it. Become memorable to your clients. Boost your credibility. Represent your brand for how unique and amazing it is!
5. Increase productivity!
This goal is pretty broad, so you’ll want to break it down into more achievable goals for yourself and your own business needs. Analyze your business and determine places where you’re slacking on productivity. Maybe you need to get more organized to get more done in a day. Maybe you need to automate some processes. Maybe you’d do better to outsource some tasks so you have more time to do what only you can do. Whatever your areas of poor productivity are, identify them and come up with goals to solve the problems.
Dive Deeper into Goal Setting with Goal Setting Bootcamp
I’m releasing my Goal Setting Bootcamp; It contains 4 content filled modules along with a workbook and checklists to help you stay organized. This home study class fits easily into your schedule and there’s no pressure to finish it by a certain date. Simply work on it as your schedule allows. If you do this planning work, you’ll be set in the new year to make massive strides in your business! Click here to get the Goal Setting Bootcamp
Have a great week! Robyn
PS: If you’re ready to dive deep into goal setting and set yourself up for success in 2020, then the Goal Setting Bootcamp is for you. You’ll be guided step by step though the process of making goals that are important to YOU and help you create action plans so your goals will become a reality. Get access here
Perhaps you’re considering moving into 2020 with a new goal in mind. Maybe you’d like to increase your earning potential and job satisfaction by going freelance. Becoming a freelancer could be a good idea if you have a skill that you know people want, but going from working with others to working alone does have a set of pros and cons. Below, we’ll talk about the pros and cons of freelancing in 2020. Take a look:
Con: Lacking Structure/Feeling Unfocused
The first thing you’ll need to consider is how easy it is to feel unfocused. With no structure to the work day and nobody ‘telling’ you what to do, it can be tough to get everything done. You’ll probably still need to have a schedule and act like you’re at work.
Pro: Set Your Own Schedule
There’s flexibility in setting your own schedule. You can have an afternoon nap if you wish, eat lunch when you want, and even go to the gym when it’s quiet.
Con: Can Be Isolating
Many people find working alone isolating. You may need to make more of an effort to see your friends and family and speak to people in general so that you don’t get lonely.
Pro: Selectivity With Who You Choose To Work With
You don’t have to take on every client or job. Maybe you feel like you do at the start, but eventually, you can get a little pickier and do only the work you want to do.
Con: You Have to Find Your Own Work
The hustle never stops when you’re freelance, because you have to pretty much find your own work all the time. Eventually people may come to you if you build a reputation.
Pro: No Commuting Costs/Fewer Overheads
Unless you plan on going to work in a coffee shop or shared space, you will have no commuting costs to worry about, as well as fewer overheads.
You don’t have to dress up every day. You can work in whatever you like.
Con: Chasing Payments
Unfortunately, freelancers rarely get paid on time. In cases like this, you may need to consider Invoice Factoring to help you get the money you’re owed. Chasing payments can be a pain, so coming up with a great way of invoicing your clients is recommended.
Pro: Higher Earning Potential
There can be higher earning potential as a freelancer, and some may say unlimited. You will likely get paid more than in employment providing you’re getting consistent work.
Con: No Paid Time Off
You’ll have to plan for any time off you want to make sure you can afford it. You won’t get paid time off for vacations, sick days, or even having a baby.
My name is Robyn and I am a Certified Content Marketing Specialist, Digital Marketer and Tech Savvy Virtual Assistant who loves to help entrepreneurs grow their online business by helping them implement the right systems and marketing strategies in their business.