Business owners who are lucky enough to experience growth during this recession often learn that success is not an easy path. Along with adjustments to their commercial insurance, Massachusetts entrepreneurs may also find their business quickly getting out of hand. With more clients comes a greater need to stay organized. Not doing so could send your business into a downward spiral as clients are disappointed and your reputation suffers. Here are a few ideas on keeping things manageable.
A day planner should be your best friend. Many people turn to electronic devices to keep track of their schedule, but such equipment has two fatal flaws – they run on batteries and they can be hacked. Keep things simple and purchase a small planner you can carry around with you. Make a habit of looking at it each morning to get an idea of what lies ahead for you that day.
What office does not have filing cabinets? Many times it is not the absence of these, but improper use that leads to papers getting loss. Create a manageable and coherent filing system. Be sure to teach the arrangement to all of your employees and ensure that someone has the responsibility of regularly filing documents and putting away files. This will help to ensure that everything is in its place and easy to find when needed.
What is one of the most common mistakes business owners make during growth spurts? Many forget to review their commercial insurance in Massachusetts. Businesses without the proper coverage could find themselves in a difficult financial situation when disaster strikes. Protect your business and yourself by ensuring that your coverage keeps up with your growing business.