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How to Increase Business Efficiency

Home > Business Efficiency

Your business is efficient when you spend less time on non-essential tasks and more time on the profitable activities. Business efficiency is what every business covets. Yet getting to a point where your business runs efficiently is not an easy task. Business efficiency is something that you work towards and although there are several tools that can help, the greatest ingredient is time. In the following part, we'll tell you how to run a business efficiently.

The following are just some of the tools you need run your business more efficiently. Each of these tools is designed to tackle a certain aspect of your business.

Part 1Tools to Increase Business Efficiency

1. PDFelement for Business

efficiency of a business

Business documents are an essential part of your business but managing them can take up too much of your time, time that would be better spent on other aspects of the business. If you use PDF documents for your business and want to increase business efficiency, you need a PDF document management program that is easy to use and provides you with all the aspects of PDF management. With PDFelement for Business you can edit the text and images in the PDF document and even utilize the ORC feature to edit scanned or image-rich PDFs.

Pros:

  • It allows you to create PDFs in just one click
  • You can also use it to convert PDFs to a multitude of other formats
  • Comes with great annotation features
  • It is very easy to use with a simple user-interface
  • It has deploy options if you need
  • Edit PDF text, images or other elements freely like on a word processor

2. VisualBee

business efficiency consulting

If you have to make a lot of graphic-rich presentations for your business but are not very good at design, VisualBee is a great solution for you. It can help you increase business efficiency greatly. All you have to do to use this incredible tool is to upload your PowerPoint file and the tool goes on a hunt for the images that line up with your text. In essence, it does all the work for you and all you have to do is go through the suggestions to choose the images you want to use.

Pros:

  • Helps you improve PowerPoint presentations in just one click
  • Free versions of the tool are available
  • Available as a PowerPoint plug-in

Cons:

  • Some of the features are already available in PowerPoint
  • You have to search through the images to select the ones you need

3. Zapier

efficiency business definition

This is an excellent online service that allows users to create automated actions that can connect a number of business apps and services. It is easy to use and requires no coding. It is also quite affordable, starting at just $15. With this tool, your business efficiency will be improved surely.

Pros:

  • It creates automated actions between different online services
  • Supports very many business apps
  • It is very easy to use and there is a free version

Cons:

  • Managing folders can be a little bit tricky

Part 2How to Increase Efficiency in Business

Aside from using the tools above and others like them, you can increase business efficiency by using some of the following strategies.

1. Measure Performance

You never know what can be improved upon until you know where you are currently. Therefore, the first step in improving business efficiency is to set and analyze the key performance indicators (KPIs) that include all of the project timelines, profit margins and the billable utilization. This will help you understand your current situation and know what needs to be improved upon. It is a great way to identify existing inefficiencies as well as manage your business better in the near future.

2. Check How You Manage your Resources and Capacity

Once you have analyzed the key performance indicators in your business, you will now be able to understand how you utilize the resources in the company. One of these resources is people. Therefore, above anything else ensure that you have the right person performing the right task. Always make sure that the employees in your business are provided with the right opportunities to ensure growth and that they are always at hand to complete assigned tasks.

This means better communication and collaboration and so you may have to invest in tools and programs that ensure this. You may also want to use previous successful projects as a basis for future projects.

3. Update your Technology

As you can already guess, technology is going to play a major part in the completion of your projects and in the overall growth of your business. it seems like there is an app for everything these days. So, take the time to ensure that you acquire the tools and apps you need for the completion of your business. But also, ensure that these tools are apps are regularly updated to keep your projects running at the same capacity as before or even better. Technology can really make your business efficiency journey that much shorter.

Wondershare Editor

Posted by to Productivity | Follow @AudreySGoodwin
Published: Dec 01,2016 16:11 pm / Updated: Jul 05,2017 14:37 pm

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