Did you know that there are 5 essential systems that you should have in your busy that are easy to implement today? Whether it’s a system to create the content you share with your audience? Or the way that you manage your clients and business finances?

Systems are the building blocks needed to support growth and sustainability in your business!

But before we dive in, it’s important to define what systems as you’ve probably been hearing about them a lot lately, which might feel overwhelming. But that’s because you need them if you want to grow and scale your business with ease. However, to be clear systems ARE NOT tools (software/app) as most would like to think.

sys·tem /ˈsistəm/ (noun)

A system is a process, procedure, or method in which something is done. It is an organized framework that integrates all the steps necessary to achieve the desired result. Essentially systems are the written how-to instructions while software and apps are the tools used to aid in running them. 

Systems are important because…

• they provide structure, consistency, and quality delivery.
• are easy to duplicate and provide a starting point for other initiatives in your business.
• provide the data needed to identify areas of improvement and determine if the business is profitable and sustainable.

Let’s explore the 5 Essentials Systems to have in place as a business owner

1. Strategic Management System

This system is designed to implement the best strategies for achieving your company’s goals and objectives. This is where your company’s mission, vision, key operational systems, and KPIs are defined to operate efficiently and develop a culture that promotes growth.

2. Operations System

This system is the heart of your business. It’s compromised of a set of processes with step-by-step instructions (SOPs) for each task required to keep your business operating. While the operations system varies from business to business, its main purpose is to ensure that the business is able to deliver the services or products promised consistently, in a timely manner while maintaining quality and efficiency.

3. Marketing and Sales System

This system is compromised of a set of actions that identify your company’s target market to find out what they want, what they need, how they behave, and what their likes and dislikes are. This helps your company develop a strategy that attracts the right potential customers, generates and nurtures leads, and converts them into paid clients/customers. A good marketing and sales system generate consistent leads and sales that align with your business goals and objectives.

4. Financial Management System

This system provides an overview of your company’s financial state. It tracks all money matters pertaining to your company, including tracking business revenue and cash flow, managing business assets, and providing the ability to forecast profits and growth.

5. Talent Management System

This system helps your company maximize the potential of its employees and/or contractors. Its design is to help establish best practices for recruiting, hiring the right people, developing and retaining the best talent, and managing performance.

While starting a business is easy, it’s impossible to build a sustainable business without having systems in place.

Quick pulse check

Do you have these 5 essential systems established in your business?

If yes, are they properly documented in your company’s playbook (manual)? If not, click the link below to grab our checklist to get started today!