One of the most enjoyable aspects of operating your own business is you can build your own business process to suit it. As any business professional knows, effective business processes start with clearly defined objectives (which are usually based around achieving financial goals, increasing market share, being more productive, etc.).
Then the company should take time to monitor how well said processes are working towards their overall goals. To this end, there should be performance metrics that tell you whether or not you’re on track! Metrics give businesses a better idea of their overall progress and where adjustments may be needed.
Here are the steps you can follow to develop an effective process.