Time is Everything to the Small Business Owner

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:

1. One in four small business owners believes that just one extra hour in the working day is worth more than $500
2. Most owners feel that they are playing as many as 6 different roles on any given day
3. Of all the roles that owners fill day-to-day, the most dreaded and least enjoyable is accounting
4. A fragmented office with disjointed technology and multitasking using multiple devices can result result in time-wasting pains:
   1. waiting for information
   2. unscheduled communication
   3. inefficient coordination
   4. planning to plan
   5. barriers to collaboration
   6. lower productivity
   7. customer complaints
5. Here are the 5 key time management suggestions for you to implement:
   1. use collaboration tools that unify communications
   2. know your priorities
   3. take advantage of online platforms that are designed to make running your business easier and more efficient
   4. integrate mobile apps into your life so you can conduct business from anywhere
   5. use technology with moderation – remember, multi-taking does not always result in greater productivity