With the growth of the economy in reverse mode and the Chancellor exclaiming that it’s going to take longer to recover from the financial crisis (although the national debt has reduced) companies will be striving to look at ways of streamlining their operations and improving efficiency.

There’s an argument that suggests the more economically challenged the economy is the greater opportunities there are to be exploited.

Only the strong succeed, losers need not apply spring to mind. Therefore our business objectives need to include a strong will, being well prepared and persistence.

The companies who include the above in their business objectives are likely to survive the global doom and come out on top on the other side.

Recently one company/manufacturer with a turnover of £10 million+ told me “we’ve tried everything, we’ve exhausted every possibility, the business is as solid as it can be given the current climate but no-one is buying anything. You can’t sell it if people can’t buy it because they haven’t been given a budget.”

Are you keeping a close eye on your profit? All well and good looking at the cash value in the bank but are you making a profit. There is always something companies can do to make sure they are running a tight ship and are as efficient as they can be.

There is no magic wand to fix the erring global economy and for many businesses, survival is making it from one month to the next; one week to the next.

The companies that win are those who lead, take the initiative and are not afraid.

Businesses that remain focussed use initiative and aren’t afraid will fare well in 2013.

Here are some points to consider:-

1. Rely on no one – does this sound cynical? Success will not happen until you accept that no one thing or no one person is the cause of your problems and only you can make your goals happen.

2. It’s unlikely that the economy is suddenly going to do a u-turn anytime soon so it’s important to make sure we are aware of any industry changes that might have an impact on our business or us personally. Make yourself invaluable to your company (as an employee) and to your customers by being visible and offering solutions even if they are not in the frame of mind to consider them. At least it demonstrates entrepreneurial intent and that you have the customers best interests at heart.

3. Be more pro-active. Just when you think you’ve exhausted all avenues talk to other businesses, colleagues, associates and customers. Find out what they are doing, how are they generating business, what marketing initiatives have they deployed that you might not have done yet? Set small goals and tick them off when they are done. It could be a change in the workflow process that can make all the difference in increasing your profit margin.

4. Be upbeat – at the start of this year, the majority of businesses we spoke to were. There was a sense of optimism in the air, sales were being done and then along came the Greek economic crisis and kicked everyone out of touch. Nothing like a bad bit of economic news to knock businesses. Being upbeat and optimistic separates us from the rest of the “done-in” crowd.

Each day our world is rocked by events that are either unplanned or completely unexpected by staying focussed and working on a plan keeps us calm and less stressed.

5. Be ever-present everywhere. Now is not the time to live in obscurity. Let potential customers know you are there.

Have a social media strategy, showcase your company with up to date content on your website, tell your companies success stories and share your success openly.

It defines the importance of keeping focussed and why we are actually in business and these things are sometimes forgotten when we are in the thick of things.

6. What if you’ve lost that va va voom; the passion you need that gives you the reason to get up in the morning? Think about a business coach or a friend who can be objective enough to give you advice.

Finally…

If you no longer enjoy what you are doing then its time to take a good look and understand why.

If you’re not enjoying what you are doing then you need to take a long hard look at the reasons why.

Be honest with yourself and if the job or the business is not working and you’ve exhausted every avenue; if the passion has gone completely and you are not motivated to continue, then its time to take a long hard look and make a decision about whether you continue.

Could it be there is no longer a market or niche for your products or services in which case is it time to cut your losses and ship on out? Sometimes things happen for a reason and events are out of our hands.

This is not being negative its being a realist.

Too many companies bury their heads in the sand and think the next week or month will be better when the profit and loss sheet tells a different story.

What do you think?

How are you keeping ahead of the economy?

What tactics have you employed to get through the downturn?

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A managed outsource printing service = savings for your business

Easy really, the majority of businesses don’t have a clue how much they actually spend on corporate print such as letter-headings, invoices, paper, consumables in fact, anything print related. This is because there is no methodology to managing the process from purchasing, stocking and re-ordering.

A print management company can provide a fully automated and customised print management service which will help measure and control your printing costs.

The first step in the process is understanding how much your current spend is on print this is achieved by carrying out a print audit of the various documents used by the business.

A print management company seeks to understand why and how documents are used, what the order cycle is and whom the suppliers are? From the information gleaned determines the total print spend!

A project manager oversees the whole process from start to finish culminating in a proposal detailing current print costs V cost savings on the various print items ordered.

Emphasis will be to demonstrate cost savings through efficiency driven processes.

Each quarter, a review of the usage of the various items is undertaken to see where further cost savings can be made. Managing your company print, usage and spend should be an on-going process of analysis and review.

Managed Print Services is at the other end of the spectrum to print management and enables companies to manage the flow of print in an organisation.

Equitrac print management allows you to automatically control and manage how print flows through your organisation – improving productivity and maximising time.

Using print management software organisations are able to set up automated print controls and rules to optimise the way print moves around the company.  Employees can be denied printing certain applications such as email by automatically routing jobs to the most cost-effective printer for that task.

For example a solid ink colour device is more cost effective to print obligatory emails and letters rather than a colour-cartridge-guzzling desktop printer for colour runs, colour print can be prevented altogether unless user authorised.

Industry analysts estimate that 44% of printing is unnecessary

• People are printing things more than once which is wasting huge amounts of money
• They may send a document to print, then notice an error on screen
• A document is not at the printer when they go to retrieve it
• The toner is low or there is a paper jam

This results in wasted paper, consumables and larger electricity bills. Print management software enable a more efficient, leaner and greener print environment.

What do you think? Have you implemented one or both solutions? How have they worked for you? Please do share your success or disaster stories.

To learn more about how you can regain control of your office printing costs, contact us today.

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The post How print management saves time and money. appeared first on Digital Print Management.

Whilst the corporate logo and colours remain the same the new site is designed to be informative and thought provoking for visitors by helping them understand the maze that is print outsourcing and by removing the myth that outsourcing can be costly, that it is flexible and will save time!

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