Helping You Effectively Run Your Business
As a Small Business Owner you are wearing many different hats and it is hard to keep current on all of the issues that are required for your business to keep running as efficient and effective as it should. Three areas that do not get a lot of attention unless there problems are Business Planning, Policies and procedures for running your business and developing an Employee Hand book.
The development in these three areas of your business have a legal benefit, but also forces you to think about how you want your business to be operated and how you want your employees to present your business to the public and your customers.
Many people think that Business Plans are used only when you are starting a business or applying for funding. The review and modification of your company’s Business Plans should part of your company’s annual review. The Company’s Business Plan should look up to 5 years into your company’s future. The Business Plan is not a static document, but is to be modified as you learn new information.
Policy and Procedures
From the beginning it is wise for any Small Business owner to have a Standard Operating Procedure Manual. Even if it is just you, the manual helps you as you deal with difficult clients or vendors by giving you a reference point to as to why you handle a certain situation. Writing policies and procedures forces you think through different situations before those situations occur.
As you grow it is nice to be able to hand an employee or contractor a document that explains how to handle a situation, or have a manual that the employees can go to when they have questions. It helps to insure that similar situations are handled the same way.
Employee Handbooks are almost the last thing that Small Business owners think about, but it can help you avoid costly legal lawsuits. Many Federal Laws regarding employees’ rights focus on, what did the company know about the violations of the laws and what did the company do with that information. If your company does not have procedures for the employee to report the violation, the law will assume that your company knew about the issue or willfully prevented the employee from reporting the violation.
It is important that you begin developing an Employee Handbook before you hire your first employee and continue to modifying it as your work force grows.
Let Aaron Law Firm help you develop these important areas for your company.