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Know The Value Of A Productive Workplace? Here’s A Few Tips On Making Yours One

Many successful business owners know the value of a productive workplace. Happier employees, satisfied customers, high morale, a positive environment – the benefits are endless.

Although there is no ‘one size fits all solution’ to guarantee productivity, there are a few simple changes you can make to improve productivity in your workplace. Consider these four tips:

Incorporate Nature

When you think about your office design, how often do you pay attention to how the physical space can affect the psychological wellbeing of your staff? If you are like most small business owners, you probably don’t pay enough attention. But if you are serious about improving the productivity of your staff, you must understand the connection between design, natural elements and employee engagement.

Research has shown that indoor plants can boost an employees’ overall wellbeing, creativity and concentration. Adding nature or outdoor-like elements such as plants, a water feature, a fish tank or a living wall can help to reduce your employees’ stress levels. If these options are not feasible, adding nature photography, nature sounds or natural light can be just as useful for improving productivity.

Opt For Automation

Using automation helps to remove inefficiencies and free up time so employees can concentrate on tasks of higher importance. Whether it is automating an email, invoice, HR function or improving database management, you should consider the ways it could benefit your business. Look at what tasks are taking up a significant portion of your employees’ time, such as manual social media posting or replying to website enquiries and brainstorm alternative solutions, i.e., installing a social media automation tool or using a chatbot for your website.

Encourage Breaks

Taking a break to get outdoors at least once a day can improve alertness, mood and overall health; yet many workplaces are known for working through their lunch breaks. Creating a culture in your office which encourages employees to take breaks is not counterproductive, in fact, it can make a difference to your employee’s quality of work. Foster a healthy workplace culture by first leading by example and encouraging others to follow suit. Start a lunchtime sports competition, ask your colleague to have a walking meeting or make it compulsory for employees to take at least half an hour for lunch.

Cut Down On Meetings

It is well known that meetings can drain productivity, especially when they are lengthy and involve employees that are not necessarily needed. But meetings still hold their purpose in the office, so they should never be eradicated but instead revised. Evaluate how many meetings you have and how effective they are in problem-solving, decision making and informing staff. Is there a better alternative to holding a meeting? For example, sending an email or a message via your intranet. When scheduling a meeting is essential, be sure to use an agenda to stay on topic and address unrelated questions in a follow-up email after the meeting.

If you’re someone who often finds it difficult to make large lump sum payments for goods or services, you may want to consider looking into “Buy Now Pay Later” services.

Buy now pay later essentially means that, rather than paying in a full lump sum payment for a product or services rendered, there may be an option to pay through instalments of a certain amount over a set period to make the sum of the full amount in total. This method should allow you to pay in full for the product or service without overly straining your finances – you pay back what you can, as agreed upon when you begin the buy now pay later service.

Some popular buy now pay later services include Afterpay, Zip Pay, Brightepay, and some credit card networks such as  Mastercard and Visa, can offer buy now pay later arrangements.

Though it can be a convenient, immediate solution, it may be challenging to juggle the necessary repayments with other financial commitments. It’s not always the most appropriate method for people, and you should bear in mind your situation and ability in paying back the amounts. 

Before you sign up, keep in mind: 

  • It becomes easier to overspend with buy now pay later services, so know your limits on what you can and can’t afford.
  • You will be charged fees and costs to use the service, which can add up to a princely sum in and of itself.
  • Keeping track of your payments can be tricky if you’ve signed up for multiple services.
  • It could affect your loan applications for a car or mortgage as lenders consider buy now pay later spending just as much as your credit score.
  • Late repayments can appear on your credit report, which affects your ability to borrow money in the future.
  • Layby can be a cheaper alternative to buy now pay later, with no account-keeping or late fees to consider

If you are someone who could make use of BNPL services, you may wish to:

  • Ensure that when using the BNPL service, you stick to a set limit on what you spend so that you can comfortably pay it back later. 
  • Aim only to have one BNPL account at a time to manage payments through, rather than confuse yourself with multiple payments across different providers.
  • Always budget for bills, loan payments and BNPL payments, and 
  • Rather than use your credit card for payments to your BNPL account, consider linking to your debit account instead.

If you would like assistance in planning your financial future, help in managing your budget or some friendly advice, see us for a chat about what we can do for you.

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What our Client Say

John Briggs

Jane Noller has been my accountant for the last 15 plus years. I can testify to Jane’s professionalism and expeditious manner in dealing with the day to day issues that surrounds our business accounting.

John Briggs

Registered Building Certifier

David and Alison Parker

I have been consulting J L Noller and Co. (more specifically Jane) for six years and during this time I have found her to be professional, efficient and easy to discuss all accounting and taxation matters with. Her office team are all polite and friendly also.

David and Alison Parker

Business Owner

Carl Gillmore

I have used Jane & the team for the last 6 years for all of my business & personal accounting needs. They have always been professional, easy to talk to & available when we have needed assistance.

Carl Gillmore

Carl Gillmore Landscape

John Briggs

Jane Noller has been my accountant for the last 15 plus years. I can testify to Jane’s professionalism and expeditious manner in dealing with the day to day issues that surrounds our business accounting.

John Briggs

Registered Building Certifier