After interviewing hundreds of entrepreneurs on my Bright Ideas podcast over the last 8 years, one of the main things that I see over and over again with the companies that achieve the greatest results is this:
They make sure they have a Standard Operating Procedure for every business process.
From day one, we focused on turning every single one of our business processes into a documented Standard Operating Procedure.
When you implement SOPs, some really fantastic things happen.
Thing #1: Work can be easily delegated to your team and you will have total confidence in the fact that they are going to perform the task in exactly the way you want it done.
Thing #2: You can make more use of low-cost virtual assistants instead of hiring expensive US-based contractors, consultants, and employees. The money you save goes directly to your bottom line to fund additional growth.
Thing #3: Onboarding new employees, contractors, and virtual assistants will be far easier than you have ever imagined. With detailed SOPs in place, you won’t be required to spend hours upon hours training new employees. Instead, you’ll simply assign them a workflow based on one of your SOPs and they will follow the instructions, step by step, by step.
The number of ways that having SOPs can benefit your business is virtually endless…which is why I say, “SOPs will set you free!”