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Common Business Processes That Every Business Owners Needs To Have In Place
Common Business Processes That Every Business Owners Needs To Have In Place
Here are the most common business processes you need as a business owner.
Accounting and finance: Bookkeeping, tax compliance, and financial reporting
Human resources: Hiring, onboarding, payroll, and employee benefits administration
Sales and marketing: Lead generation, customer relationship management, and market research
Operations: Inventory management, supply chain optimisation, and production planning.
Project management: Task assignment, progress tracking, and deadline management.
Customer service: Responding to customer inquiries, resolving complaints, and providing support.
Information technology: Data management, cybersecurity, and software development.
Legal and compliance: contract review, intellectual property protection, and regulatory compliance.
Supply chain management: Sourcing, procurement, and vendor management
Business Strategy: Market analysis, competitive analysis, and growth planning.
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