If you find it hard to balance dreams of business growth and scaling up with the reality of the day-to-day tasks that are associated with managing a business, you’re not alone. In fact, according to a report from the Australian Department of Industry Innovation and Science, more than one in three small business owners find running their business stressful.

The trick for many business owners is to find a solution that will make your business run more seamlessly so that it won’t continue to demand so much attention and resources. And a sure-fire way to achieve this is through automation.

The diminishing returns of processing

Sometimes witnessing success and growth in a subscription business can be a double-edged sword.

On one hand, you have more money to play with and can choose to hire new staff or invest back into your business.

On the other hand – you now must cater for more customers - and if your operational processes around payment collection aren’t helping your business, they’re hurting it.

You’ll find that, as your business is hitting the growth superhighway (if it hasn’t already) you’re forced further into the business just to keep up. Sure, all your billing is in place… but as your business grows, the amount of work to keep your processes running may begin to spread you very thin.

Stretching both you and your team’s resources is very limiting and can only go so far before something has to give. Your business cannot grow if you’re working around the clock - in fact, doing so may be holding it back from expanding, too.

How do you help your business out of this trap? The solution might seem simple, but automating your payment collection processes can help your business grow and succeed.

The solution? Automation!

A healthy subscription business relies heavily on maintaining the flow of regular orders and delivering value for a customer base while accommodating new customers.

Manually processing these orders and creating invoices will take a lot of time and hamstring your business in the process. Unfortunately, this burden will only become more of a problem as your customer base grows.

This will help free up your time and resources for more important, revenue-generating activities while leaving the administrative duties to a program designed to do this for you.

Tailoring your automated subscription-based billing solution to suit your specific business can be more affordable and simpler to roll out than you may think.

In the end, you need to consider how much these manual processes are weighing you down, and what this time represents as an opportunity cost to both you and your business.

A greater focus on growing your business

As a manager or entrepreneur, your business is your passion. It’s also your livelihood. Your time is better spent looking towards the horizon and dreaming big rather than micro-managing every aspect of your business.

Think about examples of businesses that use subscription-based billing today: childcare, dance schools, gyms and even charities – none of these businesses grow if managers spend their day manually preparing invoices for customers. Instead, managers and decision-makers are out on the floor and in the field, improving their customer experience and making long-term decisions about business direction to facilitate growth.

See how Ezypay can help

Ready to see how making the switch to Ezypay can help your subscription business grow and succeed? Request a free demonstration call today and experience the Ezypay platform for yourself.