What are Business Processes and Why Are They Important for Your Business?

What are Business Processes

What are Business Processes and Why Are They Important for Your Business?

By Bobbi Wharran | bobbi@pancakedigitalsolutions.com

As all business owners know, running a business involves a whole lot of juggling…juggling tasks that is. 

In the beginning stages of business growth juggling all those tasks is doable. But as your business grows and you start to bring on team members, it’s important to keep everyone on the same track to avoid ‘dropping the ball’ – so to speak.

So what are business processes and why are they important for your business?

What Are Business Processes?

The definition according to SearchIO is:

“A business process is an activity or set of activities that can accomplish a specific organizational goal. Business processes should have purposeful goals, be as specific as possible and have consistent outcomes.“ 

In other words, a business process is a set of tasks that all focus on achieving a single goal. The more goals your business has, the more business processes you will need.

Now that we’ve figured out what a business process is, let’s talk about why they’re so important for your business.

Why Are They Important for Your Business?

Increased Efficiency

Having well thought out business processes helps reduce mistakes and wasted time. They also show you what’s working and what’s not so you can make necessary adjustments to keep things running as smoothly as possible.

Help Identify Which Tasks are Most Important

You have likely heard the saying “Being busy and being productive are two different things.” Well, setting up business processes will help eliminate time-wasting ‘busy’ work and ensure that everyone on your team is working on the productive tasks that will continue moving your business forward.

Defines Roles 

With efficient business processes in place, it becomes easier to assign tasks and define the roles of each team member. It also makes it easier to bring in new members of the team and show them exactly what needs to be done on a day-to-day basis.

On the Table

No matter how big or how small your business is, creating efficient business processes is vital to the growth and longevity of every business. 

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