Innovative ways to move your company forward
If you want to compete with the best in the industry, you need to be innovative. While it’s a simple and effective option, there’s more to being innovative than just updating your office equipment. Staff form the backbone of every company, so it is worthwhile to attract and keep committed, hard-working staff. Also consider also alternative finance options to free up cash-flow to advance your company.
Here are some ways for your company to stay on top of its game and stand out from the crowd:
1. Staff bonding – there’s no doubt staff members spend a lot of time together, so why not help keep them interested and motivated. Offer to assist staff members interested in furthering their knowledge by taking courses, such as a computer course at TAFE for example or a public speaking/presentation skills course. For some friendly office competition and rivalry, try starting up an NRL or AFL tipping competition with small weekly prizes or incentives up for grabs.
2. Fitness – Think about putting aside an area in the office and setting up a small gym, with one main exercise machine depending on the size of your company as well as skipping ropes, a few small weights and an exercise mat, for example. An operating lease, with the benefits of being short term, would allow for the possibility of changing machines, for example from a treadmill to an exercise bike. Alternatively, you could create a work touch football or netball team. Such facilities promote good health, which in turn aims to increase motivation and productivity.
3. Security – it’s not all about fun and games. Consider updating your office security to ensure the safety of your staff members, business equipment and important information. Voice or video intercoms during office hours and alarm systems outside office hours are small measures to ensure basic safety requirements are met.
4. Vendor finance – Consider using vendor finance options when obtaining capital equipment. Vendor finance helps to ease cash flow and lets you keep all important cash and lines of credit for other expenses. You will have the added security of knowing it is an easy, sensible and effective finance arrangement.
A few simple steps can go a long way – be good to your staff and they will continue to reward your company for the long term.
Find out more about offering your clients better business solutions and about how you can partner with FlexiCommercial, Australia’s leading vendor finance provider.
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