Business Advice: How Non-Value Added Work is Hurting Your Company

The primary purpose of your business should be to make money. Whether you are making it for yourself or putting back into your business, you could be losing valuable time (read: money) with non-value add work. If any of these are going on with your company, you may have some changes to make.

Over Production

What do you do when you have produced too much of anything? You get rid of it. Doing this takes time, though. The time could be spent doing valuable work. Cut down on non-value added work by making sure that you are only producing what you need.

Idle Time

If you have time to lean, you have time to clean. While this old saying may not be correct, it can be the basis for the idle time procedures you will implement with your business. Have a clear-cut idea of what you want your employees to do when they have downtime and enforce the plan.

Correction

The time that you spend correcting mistakes of employees could be spent improving the business. Make sure that your employees are trained properly and that they know how to do things the way you want them to be done to avoid excessive corrections.

Reorganization 

Moving folders around, renaming files, and switching locations within the office setting are just a few things that are non-value add projects. Many of these things can be automated or can be done by someone else if you choose to hire out.

Remember, running a business successfully does not need to be complicated.  Keep it simple!

For more information on business analysis, business planning, and ways to grow your small business profitably, please check out our website www.portalcfo.com.

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