Maximum Efficiency Guidelines for Small Business Owners and Entrepreneurs
As a business owner or entrepreneur, you should always strive to be as efficient as possible. Efficiency is using resources in an ideal way, without any waste, to derive an optimal result. In a business context, efficiency is directly tied to your profit margin. As Square puts it, efficiency is using capital, labor, materials, and services/products better to create more revenues. In this mini-guide, we offer business efficiency best practices small business owners and entrepreneurs should strive to follow to build a better business.
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