The four key phases in strategising and streamlining your business and putting a plan into action are assessing the business, positioning your business, planning and then implementing those business plans.
By streamlining your operation, you will not only be able to make optimal use of all the available space that you have in your bricks and mortar structure, but you will be able to make your space work in a way that can save you money at the end of the day.
When streamlining, it might be a good idea to store all the excess office items, furniture and more until you have decided whether you would like to hold onto these items or not. Storing all excess items in self-storage will give you enough time to make smart decisions.
Assessing your business
The big question here is – what is the current situation of your business.
The Positioning of your business
What is it that you would like to achieve and accomplish as a business? What would it take to be a winning entity – will it be cutting back on expenses such as rentals and staff and will it be less expensive for your staff to work remotely instead?
You might want to give up your formal office space, but not certain if this is the right direction you would like to steer in. If you are uncertain then giving up your space but store all your expensive equipment until you have come to a final decision.
The planning phase of your strategy
Planning your business needs information – plenty of it. You need to take a long, hard, in-depth look at how much capital is needed to support and grow the enterprise and how quickly you will need to grow your business for it to be sustainable to survive.
Implementing your plan and strategy for your business
Putting your plan into action is perhaps the most important phase of all.
Planning, strategising and streamlining your business will ensure your business reaches its full potential – and if you make big decisions such as downsizing or making use of technology to run your business remotely, don’t be too hasty to get rid of your office furniture and equipment, because you might find that this strategy is not quite your style, and you might decide to go back to a bricks and mortar operation.