Standard Operating Procedures

When you are operating your business, how do you know what your workflow consist of? As a start-up, it is typically created as you are building out sales and marketing teams. Once the leadflow starts to create real revenue generating opportunities, it’s very easy to forget to document the journey.

As you continue to grow and find success in your business, buliding out a set of standard operating procedures(SOP’s) will make hiring easy and communication more effective. A (SOP) is a set of instructions that are used to define the steps needed to complete a task. An example of a SOP is a document that list disposal methods for outdated files in the office.

When you are preparing your financial documents, having a SOP in place for your bookkeeper or accountant makes it easier for you to file taxes, organize file management and to maintain a consistent system that will scale with your business.

As a small business, countine to document your growth with videos, word documents, spreadsheets or anyway that you can archive. This will allow you to create scalable SOP’s that your team can bulid with and eliminate bad business habits.

If you have any questions about creating financial standard operating procedures, reach out to me at admin@kylelittlejr.com