Anything worth doing, is done better with Efficiency!
Building a business can be compared to building / renovating a home or planning a trip. If you are thinking of starting a new business, or are in an established business, the first step in the process is to have a dream or destination. Also, it is advisable that you develop a plan to see the bigger picture. Furthermore, a blueprint is needed to show you how to build the structure, similar to how you would use a map as a guide for navigating the road you are travelling on in order to reach the end goal. In addition, each step must be built on a previous step in precise order if you wish to accomplish the goal. And finally, starting from the beginning to the end, and combined with efficiency, all the components must be used together; especially relevant if your vision is to be realized within a budget ~ a recipe transferable to any project in life.
Therefore, at Coast Business Solutions, it is our goal to help you find the path to efficiency in your enterprises so you can focus on what you do best; building your dreams.
Efficiency Definition
Google Dictionary: ef·fi·cien·cy – /əˈfiSHənsē/
– noun: the state or quality of being efficient. “greater energy efficiency”
– synonyms: organization, order, orderliness, regulation, coherence; productivity, effectiveness
“we need to make changes to improve efficiency” … competence, capability, ability, proficiency, adeptness, expertise, professionalism, skill, effectiveness
“I compliment you on your efficiency” … an action designed to achieve this.
– plural noun: efficiencies “to increase efficiencies and improve earnings”
– technical: the ratio of the useful work performed by a machine or in a process to the total energy expended or heat taken in.Business Dictionary: “The comparison of what is actually produced or performed with what can be achieved with the same consumption of resources (money, time, labor, etc.). It is an important factor in determination of productivity. See also effectiveness.”
Resource
Calculating efficiency the “smartsheet” way