Do sweat the small things: Preventing little problems from becoming big disasters

Cashmanager | 8 years ago

Perhaps in life you shouldn't sweat the small stuff. But as a small business owner, neglecting even minor issues can cause them to build up into big problems over time. Conversely, achieving little victories can add up over time to impressive outcomes.

That's the idea behind the "Law of Accumulations," which Entrepreneur contributor William Ballard recently described in an article for the magazine. Basically, the law holds that "a small thing accumulated over time can become a big thing", he explained. For business, failing to address issues that don't seem especially important at the time can result in major headaches if they build up over time.

From a more positive perspective, Mr Ballard noted that managing and maintaining operations properly can have a major impact. Continuously building up knowledge and skills with additional training or new tools often drive significant improvements.

How can you apply these ideas in a more concrete fashion? Implementing the right software for small businesses can help you keep track of information and discover issues that often evade your attention. That's one of the advantages of using a computer program for bookkeeping, rather than pen and paper. Accomplish's products, for example, give you the ability to keep notes on customers and supplies. These tidbits might make future interactions easier, such as by providing specific details so you can tailor your services accordingly before a customer has to ask twice.

By collecting all of your information in one place, you gain a fuller view of your operations and finances so you can address issues big and small as they arise. When you're running a small business, avoiding and fixing problems is critical to your financial well being. The CashManager suite could be a great option to highlight problems and help you arrive at effective solutions as quickly as possible - and that's a small step that could have big results.