Business processes

This section contains tips and ideas for more effective business processes...

Stock answers
Inefficient stock management can be one of the biggest drains on profitability.
Get better deals from suppliers
How to negotiate with suppliers while keeping good relations.
Should you buy in or manufacture materials?
Checklist for the pros and cons of in-house manufacturing.
Benchmarking best practice
Ways to monitor your progress and efficiency.
Ten reasons to benchmark your business
The benefits of benchmarking.
When cutting costs is counterproductive
Improving profits without just cutting costs.
Is outsourcing the best strategy?
Which functions are best outsourced?
Making the most of your company meetings
Don’t waste time in board or company meetings.
Designing for profit
Good product design is at the heart of business profitability.
Does your business pass the risk test?
A business risk assessment checklist.