Simplify For Success: Are You Overcomplicating Your Business?

January 11, 2018

Business is complex, there is no denying that. To achieve success, as a company owner you have to keep lots of plates spinning, all of the different elements and departments have to work together in harmony. So the last thing you want is to be overcomplicating things and making life harder for yourself. At the start of a new year, now is the perfect time to take a good look at your business and work out where you can simplify some areas for better results. Here are just a few examples.
Consider Outsourcing
Instead of trying to manage everything in house, why not outsource some departments to make things easier? It means you can downgrade the size of your office premises saving you money, and you will have less of your own employees to manage which can certainly make things easier for you. If you outsource your finance department for example, you won’t have to worry about accounting and tax or payroll, which are two incredibly important things to get right. You leave it in the hands of a specialist company who know what they’re doing and can ensure that everything is taken care of correctly. For data and analytics, companies like Cloudstream Partners can take care of this element of your business. It saves the need for you having to employ additional staff and buy the equipment needed to deal with this.
Switch Up Your Marketing Strategy
Instead of throwing you money at every marketing strategy known to man, why not reel it in a little? If you know that you know that collaborating with influencers doesn’t always yield great results, but putting money into Google Adsense does, it’s obvious where you need to make the change. Social media marketing is generally best, it leads to far more clicks and sales than most other types. Take a look at your analytics, do more of what works and kick to the kerb strategies that aren’t working well for you. Better still, speak to a marketing professional who can give you solid advice. If you’re not in the know, it makes more sense to spend money seeking help than just throwing your cash into lots of different marketing routes and hoping it works,
Invest in Business Software
If you’re still living in the stone ages with your business and doing tasks manually, not only are you overcomplicating things but you’re wasting time and money. Business software can quickly tackle monotonous and time consuming jobs, meaning you’re not paying a member of staff to do so. Instead you can put them onto other tasks and allow them to be utilised properly. This is essential for the departments you do choose to keep in house, it will make everything quicker and more efficient- you rule out human error that could potentially jeopardise your business.
Have you been considering ways that your business is too complicated? What would you do to simplify things and make your life easier?

Mark Asquith

That British podcast guy, Mark is co-founder of Captivate.fm, the world's only growth-oriented podcast host. A Harvard, TEDx, Podcast Movement and Podfest speaker (amongst many more!), he's a wildly approachable Brit and Star Wars/DC Comics geek.

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