Systems and Finance


You might have noticed that I’ve been publishing quite a few videos recently. I started recording my new video series a few months ago, right before COVID-19 was any sort of threat to the UK in terms of health and the economy.

When I recorded my latest video about systems and finance, who knew how COVID-19 would have since come to affect us all and how relevant having good systems and finance in place would be…..

We have now been in lock-down in the UK for roughly six weeks, some longer than that. If you are a business owner, now is as good a time as any to review the systems you have in place. Having the right systems and people in place in your business can really help it grow. Ultimately, having the wrong or no systems in place may cause your business growth to stunt or even worse, go under.

How do you know what systems you need in place for your business?

First and foremost you need to consider how long the business can be ‘frozen’ paying as little as possible and how this can be financed. I have put together a list of difficult questions that you need to ask yourself to determine the costs that can be cancelled/reduced. Just get in touch and I’ll send it to you.

But remember circumstances are changing on a daily basis and you need to keep on top of the ‘controllables’ that are in front of you today.

Prioritise activities under ‘important’ and ‘urgent’ and deal with urgent first.

The power of an effective team

Your team is an important asset for you just now, though you may find you’re working solo because they are on lock-down. If they are still working then share your priorities and be prepared that they are going to feel out of their comfort zones and will have questions.

Then you need to review your systems for when we come out the other side.

What resources will you need? What systems will you need to implement to revert back to post social distancing and what processes have improved with remote working? List the positives and negatives and be ready.

Get creative with your thinking

Finally be creative. Start thinking outside the box, what would you have changed if you could start again, what have you never had time to do?

Your customers will remember how you adapted during this period, look after them and show them you still value them and that they are still valuable to you.

Consider new ways to offer your service/product. Talk to your clients, how can you help them? Listen to feedback and act on it. Like you, they will likely welcome the interaction!


If you would like to carry on this discussion with me then get in touch.

Stay safe.

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