6th April 2015
The Value of Time
Many small and start-up businesses ask the question of what they must do to achieve success. Could it be simply to effectively implement the element of time? According to recent research conducted by Exact and the Centre for Enterprise and Economic Development Research (CEEDR), small businesses with better time management are more likely to see growth than those with standard organisation. Not only this, but successful time management can also lead to optimism about future growth, which in turn motivates a business to strive to achieve even further – the ‘glass half full’ approach to business.
The research discovered that 70% of SMEs that considered themselves to have above average levels of operational efficiency saw sales figures increase, with only 50% of those with below average levels of operational efficiency saw sales figures grow. Who would have thought it – organisation and time management: the key to success.
The report also shows that the adoption of new software created better performance, with cloud and mobile solutions creating the biggest change for the better. This is something we believe in greatly here at Davenham and have implemented new software to enhance the services we offer to our clients, ensuring a smooth and successful process to successful asset finance provision.
To read more about how your time management can improve your small business, take a look at this article on SME Insider:
http://www.smeinsider.com/2015/02/17/operation-efficiency-and-new-technologies-critical-for-sme-growth/
The research discovered that 70% of SMEs that considered themselves to have above average levels of operational efficiency saw sales figures increase, with only 50% of those with below average levels of operational efficiency saw sales figures grow. Who would have thought it – organisation and time management: the key to success.
The report also shows that the adoption of new software created better performance, with cloud and mobile solutions creating the biggest change for the better. This is something we believe in greatly here at Davenham and have implemented new software to enhance the services we offer to our clients, ensuring a smooth and successful process to successful asset finance provision.
To read more about how your time management can improve your small business, take a look at this article on SME Insider:
http://www.smeinsider.com/2015/02/17/operation-efficiency-and-new-technologies-critical-for-sme-growth/