Many companies in 2022 are at a tipping point. With many new opportunities openig up, and other avenues changing drastically, almost every industry has seen major changes in the past two years since the pandemic.
These hardships and changes mean serious opportunities for companies that are ready to innovate. The amount of government funding and seed funding available in 2022 has reached record levels, but a company needs to be properly organized to take on these new challenges.
Companies need to first, Automate their systems, then Master their finances, and finally Perfect their teams. This AMP method takes the complex world of perparind for seed funding or government contracting and breaks it down into a simple system that can be implemented rapidly, and in almost any business.
Automation is the first place to start, as streamlining as much as possible in a company is key to being able to handle the increased scale these companies will see as funding comes in to increase sales and marketing, or from the scope of the contract they receive. We’ve found that starting with automation can save the average business 30% or more on their administrative and variable costs.
Mastery of a company’s financial status is the next crucial step. Companies who have a solid financial picture have a far better chance of success, especially in our modern world where commodity prices, labor prices and more all change on a day to day basis. Having a solid picture of where a business stands is the best way to find opportunities and know when threats are present.
Human Resources– the business’s people– is the final, but the most important piece of making a business work in the modern age. Building a process for hiring, evaluating, promoting, and terminating employees now ensures a business has the systems it needs when there are ten times the employees in the future. There is no more important piece to a business, and getting this right means success or failure.
These three pieces are the true key to making your business functional in the modern economy. If your company wants to learn more about the AMP method of business management, please click here to see our presentation on the AMP model in action.