If you are not doing corporate reviews of your company’s performance on a quarterly basis, then now is the time for you to put into place this prudent and necessary business practice. Otherwise, how are you going to survive in this competitive day and age? You could end up going under, like so many others that did before you. Do not, for a moment, think that just because your business is a small one, you do not need formal business evaluations.
It is your prerogative to keep your business this small, but clients will sniff out this lack of (perceived) concern. And in any case, you should be thinking of business growth. This is also true for the small-sized business that needs or wishes to stay that way. You could well do some of the business evaluation exercises on your own or in your own time, but you spare yourself the expense that goes into such inspections by utilizing a professionally constructed system, such as the CMMS system criteria or methodologies.
By way of example, this is what you can expect service-wise from a professional consultancy that will be coherently evaluating your business on your behalf. The business will tackle how you are currently handling asset and inventory management. If there are currently no management programs in place, one or two will be suggested for you. These should fit in with the unique personality of your small business, whether it is being conducted from a workshop or retail store.
Planning and scheduling, and good timekeeping will be evaluated and suggested. You’ll also see how it neatly fits in with how you’re managing your small staff complement and how they need to change the way in which they serve you and your clients.