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As a small business owner, time is your most valuable commodity. It’s not your shop front or the products and services that you offer, it’s time, and if you want to get the very best out of your business and watch it grow and thrive into the future, then you’re going to need to spend your time wisely.
In this post we are going to explore some pro tips which can help you manage your time better! Let’s go!
1 – Monetise Your Time
When you break down your working day and try to monetise the hours you work, you’ll find it far easier to manage your time efficiently. Understanding the value in each given hour will allow you to gain a better understanding of how your time and company resources should be spent.
2 – Keep a Diary and Write a List!
Considering we all have these incredibly smart phones at our finger tips, we really have no excuse when it comes to poor time management. You’re likely reading this on your phone and yet I bet you’ve not once used your calendar for anything other than checking the date.
Create a list of what you need to do, every morning or before you go to bed and then set yourself reminders. This will help you to flow from one task to the next with relative ease and before long you’ll find that you’ll be getting much more done.
3 – Don’t Save the Big Jobs till Last
The worst thing that you can do and something that we’re all guilty of is putting off the less desirable tasks till last. If anything, you should tackle the boring stuff immediately when you start the day while you’re feeling fresh and energised and then everything after that will be an absolute breeze!
4 – Outsource What You Can
Do you need to be handling all your company’s books? Think about how much time and effort you can save by simply hiring a reliable tax agent to handle the books on your behalf. Of course, we understand that your business is your baby and it can be quite hard to hand over the keys to the kingdom, however if you roll with a reputable firm that you feel comfortable with, you shouldn’t have any issues at all! And, in addition to saving you time, they can even save you money! It’s definitely worth thinking about.
The same goes for anything else that you can afford to outsource. If it streamlines your business and frees you up to focus on other important tasks, then do it.
5 – Relax!
Don’t blast through the entire day without giving yourself a moment to stop, eat or relax. If you want to continue working at your optimum, then you need to take regular breaks. These little 10-15 minute gaps will allow you to unwind a moment, catch your breath and even come up with new ideas.
Follow these 5 tips and you’ll be on the right path to being a time management master! Don’t fall into poor habits and don’t be too proud when it comes to the books either – inviting a professional to come and assist you with that aspect of your business will allow you to thrive in other areas. It makes sense!