Time is considered a small business owner’s most valuable asset, and is truly considered more important than tangible resources like cell phones or computers. As a small business owner it is imperative that you find ways to train your team and or outsource tasks so that you can focus your valuable time on strategy and selling. Here are a few interesting facts regarding this topic:
One in four small business owners believes that just one extra hour in the working day is worth more than $500
Most owners feel that they are playing as many as 6 different roles on any given day
Of all the roles that owners fill day-to-day, the most dreaded and least enjoyable is accounting
A fragmented office with disjointed technology and multitasking using multiple devices can result result in time-wasting pains:
waiting for information
unscheduled communication
inefficient coordination
planning to plan
barriers to collaboration
lower productivity
customer complaints
Here are the 5 key time management suggestions for you to implement:
use collaboration tools that unify communications
know your priorities
take advantage of online platforms that are designed to make running your business easier and more efficient
integrate mobile apps into your life so you can conduct business from anywhere
use technology with moderation – remember, multi-taking does not always result in greater productivity
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