We are independent & ad-supported. We may earn a commission for purchases made through our links.

Advertiser Disclosure

Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.

How We Make Money

We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently from our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

What is a Standard Business Process?

Malcolm Tatum
By
Updated May 17, 2024
Our promise to you
WiseGeek is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At WiseGeek, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

Also known as a standard business procedure, a standard business process is a strategy that is considered to be common or standard in a number of business settings. Processes of this type often have to do with compliance with governmental regulations, but may also be based on long-standing traditions that have proven effective in attracting and keeping clients, or maintaining efficiency at optimum levels. In some cases, a process may over time become obsolete. When this occurs, a new process will often become the standard in a given company or industry.

In general, a standard business process functions as a step by step instruction on how to handle a given situation within a business operation. A process may be very simplistic or highly detailed, depending on the nature of that situation. It is not unusual for a standard business process to include what is known as alternative solutions, a feature that makes the process more flexible and easier to apply when uncommon factors are involved in the situation. Often, the development of standard processes is influenced heavily by the nature of the business, the culture within that business, and the ultimate goals of the individual company.

One example of a standard business process is the use of generally accepted accounting practices when it comes to maintaining accurate financial records. In many nations, the reason for using these standard accounting practices is twofold. Following these standards makes it easier for businesses to comply with governmental requirements regarding record keeping for tax purposes. At the same time, the efficiency of these accounting methods makes it easier for the business to function, since the records provide up to date information regarding the current financial status of the business.

Many businesses also develop a standard business process when it comes to securing new clients. Typically, this involves requiring that salespeople work within specific guidelines when contacting potential customers, including defining the type of pricing that may be extended and the circumstances that must exist in order for clients to receive discounted pricing. It is not unusual for a standard business process of this type to also require that salespeople track their interaction with potential clients, as well as follow specific steps in signing up that prospect and converting the entity into an official customer.

In all situations, the purpose of a standard business process is to make sure that necessary actions are universally managed and completed by relevant employees, and that those tasks are completed in a manner that the business considers efficient in terms of cost and time management. From time to time, any standard business process should be re-evaluated to determine if the process is still yielding the desired results. As a company expands or changes in some manner, some processes may become less effective or even obsolete. When this happens, new standard processes must be developed to ensure that the company continues to operate with the highest degree of efficiency possible.

WiseGeek is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Malcolm Tatum
By Malcolm Tatum , Writer
Malcolm Tatum, a former teleconferencing industry professional, followed his passion for trivia, research, and writing to become a full-time freelance writer. He has contributed articles to a variety of print and online publications, including WiseGeek, and his work has also been featured in poetry collections, devotional anthologies, and newspapers. When not writing, Malcolm enjoys collecting vinyl records, following minor league baseball, and cycling.

Discussion Comments

Malcolm Tatum

Malcolm Tatum

Writer

Malcolm Tatum, a former teleconferencing industry professional, followed his passion for trivia, research, and writing...
Learn more
WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.

WiseGeek, in your inbox

Our latest articles, guides, and more, delivered daily.