• PSOJ Financial Access JA

What An SME Needs To Operate Their Business

These are the 4 critical pillars of any business' operations. Get these right, and you're on being ready for business growth.


Human Resources

  • Employment Contracts

  • Job Descriptions

  • Employee Handbook (rules that govern employees while at work)

  • Employee Onboarding Process

  • Employee Evaluation Procedures

  • The “Ideal” employee for your company

  • Company Value - why employees should want to work for you


Operations

  • Company Policies

  • Security Procedures both Online and Offline

  • Credit Policy for customers

  • Requirements for suppliers - eg. number of years in business, certain certifications, tax compliant etc.

  • Standard Operating Procedures (the documented process of how each job is performed)

  • Accounting Software eg. Quickbooks

  • Payroll Software eg. Interactive Payroll Solutions

  • Inventory System (if applicable to your type of business)

  • Keep an updated list of all Company Equipment

  • Compliance

  • Ensure you remain tax compliant

  • Ensure you know the regulations relevant to your industry - license renewals


Marketing

  • Website

  • Social Media Pages eg. Facebook, Instagram

  • Brand Document (this would include things like your logo, brand colours, any special fonts etc.)

  • Marketing Plan (include your value proposition, what makes you the best choice for your customers, how are you different from your competitors?)


Management

  • Company Documents - Certificate of Incorporation, Articles of Incorporation, Tax Compliance Certificate (TCC), Any licensing documents required for your business eg. bar license, manufacturing license etc.

  • Company Insurance - for your building and your business

  • Strategic plan for your business

  • Join the organisations relevant for your business - PSOJ, JMEA etc.

  • Data protection and data security - ensure any customer information is secure and you have all company information backed up to a server, external hard drive or cloud service.

Check us out on Instagram!

  • Black Instagram Icon
Group 110.png
  • White Twitter Icon
  • White Facebook Icon
  • White Instagram Icon
  • White YouTube Icon

Get in touch

Thank you for using the Small Business Portal! We would love to receive your feedback! You can reach out to us through our contact form.

If you are a funder, trainer, or business support provider and you'd like to to be on our website, you can fill out this form.

All Rights Reserved. © Small Business Portal 2020