5 ways to make your business more productive

While it's essential that government takes measures to improve the productivity of the economy as a whole, there are several ways business owners can improve the efficiency of their company

• introducing new technology such as cloud computing, accounting software and high-speed broadband
• making your employees feel valued is crucial to maintaining a happy and productive workforce. Provide regular constructive feedback and introduce incentives
• owners of small businesses don't have the time or expertise to micromanage every task. Trust your teams and delegate the jobs that you are unable to do
• think about the essential processes involved in running your business. How can these be improved?
• investing in training will advance the skills of your employees and result in a more efficient and capable workforce