Your Guide to Streamlining Your Bloated Company

Compare Business Finance Options

    • checkA range of alternative funding solutions
    • checkBorrow betweeen £1,000 and £5m, rates from 2.5% APR
    • checkFunds received in as little as 24 hours

Written by Michael Foote, founder of Quote Goat, has over 13 years experience working in the finance, insurance and currency sectors.

Your business doesn’t need to be doing all of the things it currently does. It’s true that there are many important aspects of running a business. But far too many business owners allow themselves to make life even more complicated than it has to be and than it already is. That’s a bad mistake, and one that won’t help you at all.

It’s time to think about how you can streamline your business and put it on the path to success. Here are some things you should definitely consider going.

Get Better at Scheduling

Scheduling is one of the most underappreciated aspects of running a modern business. An ad hoc approach will only leave things uncertain and chaotic. And if there’s one thing that’s bad for business it’s uncertainty. You should try to get better at scheduling if you want your company to avoid wasting time and resources. It will add extra precision to everything you do, and that has to be a good thing. Less will be wasted and everyone will know what’s expected of them in the office.

Use the Technology That Makes Your Life Easier

Technology is there to make your role as the owner of a business easier than it currently is. You will have the chance to make your life easier and smoother. These days, you can fit your entire schedule and timetable into your wristwatch. So, make the most of this when you’re trying to streamline your company. Every example of a piece of technology that will make the daily processes of running your business simpler than they currently are should be embraced. Your business will benefit hugely.

Outsource HR

Outsourcing can be a really good way to cut your company’s internal costs. When you outsource, your wage bill will be lower, and your company will have less excess baggage to it. And you’ll still be able to get good results from people you outsource to. So, what should you start by outsourcing? The prime candidate should be you Human Resources department. It’s tasks and responsibilities can be managed easily by another company, making it a great way to streamline your business.

Choose a Different Address to Have Your Mail Sent To

This might seem like a strange idea, but it actually makes a lot of sense for all kinds of businesses. When you use another physical address, you will be able to have your mail sent there. It can then be scanned and sent to you. It streamlines the way in which your company receives mail, cutting out a lot of the processing work that would otherwise be involved. Head to if you want to learn more. It’s a smart move to make.

Cut Costs

Quote Goat is built around reducing expenditure for both private and business customers and there are so many areas where a business can make savings to boost their bottom line, here are a few examples:

Operating with more than one currency – so many companies still let their bank handle currency conversions when they should be using a currency broker to benefit from savings of up to 90% on currency conversions.

Business Energy – it takes approximately 90 seconds to compare business energy quotes and saves business 40% on average.

Insurance – Loyalty often doesn’t pay in the insurance sector so take the time to compare insurance each year when it comes to renewal time. There are savings to be had in all products from office insurance to employers liability insurance

Tighten Up Your Supply Chain

Managing and monitoring your supply chain is essential if you want your business to be the best it can be. Tighten things up and don’t allow any external businesses to make money out of you if you suspect they’re not really pulling their weight. By tightening up the supply chain, you’ll remove that excess baggage and get things moving smoothly once more. 

Cut Unnecessary Meetings

Unnecessary meetings can take up so much of your time and the time of your employees. You don’t want to make life in the office harder for them that it is already. And dragging everyone to meetings that they’re getting virtually nothing out of can be really damaging. You should go as far as to cut out all unnecessary meetings if you can. These are only going to cause you headaches and stop your company from being properly streamlined, which is not what you want.

Take Advantage of Business Partnerships

Your business doesn’t have to go it alone right now. Instead, you can ensure you remain prosperous by taking advantage of partnerships with other businesses. These will allow you to become more efficient and streamlined because going forward. You will be able to share some of the burden for certain things with other companies, so it’s definitely worth pursuing. Partnerships can come in all shapes and sizes, so it’s worth doing some research and talking to other companies you’re interesting in partnering with in the future.

Your business doesn’t have to remain bloated any longer. It’s to your benefit if you can streamline it, so start with some of the ideas mentioned above, and go from there.