5 Ways an Online Business Manager Can Increase Your Business Profit
5 Ways an Online Business Manager Can Increase Your Business Profit
A healthy profit is the primary goal of every business – a business cannot survive in the long term without it.
To grow a profitable online business, a business owner needs to have one crucial asset in her arsenal: An Online Business Manager.
Here is why.
An Online Business Manager takes care of the day-to-day management activities. You can focus your time and energy on projects only YOU can do, such as business planning, product development, securing new clients, and building strategic alliances.
Here are five projects an Online Business Manager can take off your plate that will increase your business productivity:
1. Implement Your Vision
An Online Business Manager understands the company goals and vision and knows the types of team members you need to accomplish those goals. An Online Business Manager will design the sales process, oversee IT management, and manage projects to achieve your vision.
2. Create the Strategy
An Online Business Manager is responsible for delivering your product and service, from production to delivery, which will result in excellent customer service.
3. Train and Engage Team Members
Replacing a team member can cost you one-half to twice their salary, so it is crucial to recruit and keep the ones you have. Hire, train and engage with qualified team members to increase productivity, give them a greater sense of self-efficacy and save you money on turnover.
4. Create and Follow Budgets
A budget drives profitability and performance, but you need someone to create, understand, and manage it. An Online Business Manager can do this for you, managing projects to completion on time and within budget.
5. Measure Key Performance Indicators (KPIs)
KPIs are all the financial, measurable data of the business broken down by department, such as total sales volume, sales cycle length, cash flow, gross/net profit margin, conversion rate, and more. An Online Business Manager can audit and track your KPIs, resulting in more efficient processes, impactful decisions, and strategies to move the business forward.
Need Help Building a Strong and Profitable Business?
If your back-end office activity has out of whack workflows and loose or nonexistent processes, you could benefit from a skilled Online Business Manager.
As a Certified Online Business Manager, I manage the details of operating the business so you can be out of the weeds.
Unlike a business coach, a mastermind group, or other strategic support, a Certified OBM® is working IN the weeds of your business, ensuring projects are getting done and you achieve your goals. I care as much about your success as you do.
Delegating to a Certified OBM® gives you more bandwidth to think creatively, develop new ideas and take your business to the next level.
I work with busy, innovative, and successful women business owners. I understand the long hours and frustration of never having enough time to work on growth strategies. I can help so that this is not your story.
With 25+ years of management experience in small businesses, I guide your business operations so you can focus on growth. We can work together to achieve the growth and profitability you want for your business.
The work that weighs you down is the work I enjoy managing.
You deserve time to focus on growing your business.
If you are curious about how a Certified OBM® can help achieve your goals
Experienced online entrepreneurs are often stressed and exhausted because they are juggling everything in the business. I partner with owners to get results by managing operations.
Bottlenecks are busted so they have the energy to focus on growth.