Understanding Core Business Processes

Grant Wasch

What does your business need to accomplish every day, week, or quarter to keep moving forward? If you asked every employee at your business to make a list of things that they must do to meet their goals, what items would it contain? Core business processes are the essential functions that must occur in order to keep your business running smoothly. By understanding core business processes, you will keep your company and team focused on the work that drives value.

Understanding Core Business Processes

Think of your core business processes as the key work that must be completed in order for consistent positive outcomes to occur. The processes should include all of the steps that need to be done, regardless of whether or not a new piece of technology or adjustment could streamline them. While many businesses think that they have an easy time understanding core business processes at their business, the reality is often quite different.

What Are Some Examples?

How do you identify your customers and make sure that they know you exist? Those processes might be organized in a “sales and marketing” core business process. What about once your customers place an order and you take their money? Those processes could be captured in an accounting policies and procedures core business process. Any part of your business that is essential to operate and can be completed using a sequence of steps should be outlined using a business process flow.

When understanding core business processes at your own business, it can be helpful to know what other businesses are doing. Some of the most common core processes that businesses utilize include:

  • Marketing
  • Sales
  • Accounting
  • Product/Service Delivery
  • Management
  • Finance
  • Human Resources
  • Product Development

Every task that plays a direct role in creating the outputs that your business has to consumers is part of some core business process. By organizing the steps to move from inputs to outputs, your business can become more streamlined and effective, all while ensuring that your employees have proper guidance.

Get Help Understanding Core Business Processes with Team Wasch

Team Wasch understands the challenges of fast-growing businesses, and we know what it takes to get your business to the next level using business process design and business IT systems. To learn more about reducing costs, easing your growing pains, and improving efficiency through working with our team, contact us today at 703-407-8020 or by emailing info@teamwasch.com.

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