Creating a Standard Operating Procedures Manual
As you continue to grow your business, it’s important that you begin creating a standard operating procedure (SOP) manual. Checklists are effective when you are a smaller company, but as you grow, having an established written policy manual will make your ability to grow effectively, with minimal hiccups. Creating an SOP may also make your company more valuable to potential investors, which may be necessary as you continue to grow, or to a potential buyer, later, when you are ready to step out of the business, as an exit strategy.
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