How do you allocate resources in your business?

[eldavis]

As a business owner, allocation of resources plays a very important role, if resources and materials are not properly allocated, it could lead to low or slow productivity. Do you have a specific strategy you use in allocating resources?

 

[Golden9]

Resources allocation should be part of the initial plan for any organization or business. You can change it of you think one part needs it more, since things change as you start running.

 

[Shavkat]

For this matter, I do not need to do this option. Most of my items are allocated from the storage area physically. It means that I do not need to allocate any budget for buying the items for now.

 

[Bisolami]

For this matter, I do not need to do this option. Most of my items are allocated from the storage area physically. It means that I do not need to allocate any budget for buying the items for now.

That is good
I do not know how to allocate money to some parts of a business for now. I am a learner.

 

[uptrendfinancialsignal]

It is better to schedule your business and know how to allocate resources effectively.

 

[Bisolami]

I think he should allocate more resources to the people who are working very well and also to the parts of the job that needs a lot of money

It is better to schedule your business and know how to allocate resources effectively.

 

[Niyi Briggs]

Resources are allocated to the sector of the business that is prioritized at the moment. If you are focusing on branding, you can give more resources to the branding and packaging sector.

 

[Heatman]

As a business owner, allocation of resources plays a very important role, if resources and materials are not properly allocated, it could lead to low or slow productivity. Do you have a specific strategy you use in allocating resources?

I actually know the department that needs more resources than the others, which is why I use that same pattern in allocating resources to each and various departments as they and they are needed.

 

[Bisolami]

I actually know the department that needs more resources than the others, which is why I use that same pattern in allocating resources to each and various departments as they and they are needed.

I even forgot about that and it is the department that needs most money even before every other departments

 

[Reedex]

Resources must be properly allocated to the needed quarters of each and every businesses for effectiveness..