Business Owners - Could Your Business Survive Without You!
What impact would there be on your business if you were suddenly unavailable for a month?
This is a vital consideration for any business owner.
Circumstances such as illness or an accident, though unpleasant to think about, are realistic possibilities that can significantly affect your operations.
Less dramatically, could you choose to retire next month or in six months' time without affecting the survival of your company?
The impact can be minimised if you have spent time working on the business rather than in it!
Maybe you should consider implementing workflows in your business which identify what each person does, what information they exchange and who they exchange it with.
Workflows remove the owner from being key to a business.
Removing this constraint makes it easier to sell the business for a higher value or rapidly grow the business.
Where to start?
Whatever technology you think you will need, or suppliers of ‘solutions’ you decide you want to visit, you should not do this without a Requirements Specification defining the scope of what you want to achieve.
The first step to do this is to document what your ‘real’ processes are.
There is always a difference between what you think is the process being used and that which is used in reality.
This is the reason why it is so difficult to create a Requirements Specification document for a supplier and why so many projects fail when this is not done correctly.
Why we capture Requirement Specifications fast!
We use Intelligent Actions Process Discovery technology (Agile Discovery) to graphically capture a workflow process while at the same time verifying the accuracy of the captured process by providing a working implementation that can be tested with real data.
Costing no more than other ways of documenting your company processes, we create a Requirements Specification, that you can verify does what you expect.