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Last Updated on: September 26, 2021 by Joseph Muriithi
As a small business owner, the one thing you can never seem to get enough of is time. With so many tasks to complete on any given day, keeping your head above water can be challenging at times. Thankfully, with the help of a few crucial time management skills, you can rest assured that your business will be running smoother than ever and even minimize operating costs in the process. Idea to Plan presents some handy time Management Skills for Small Business Owners to help you get a better handle on your time.
To be a small business owner means to wear multiple hats within your business. If you’re feeling overwhelmed at work and like you don’t have enough hours in the day, here are a few time management tips to help you gain control of your days once again.
One of the most effective ways to get ahead of your workweek is by planning ahead. It doesn’t matter if you are building a start-up, working from home, or a one-person business; mapping out a schedule for your week will help you to keep a hold of your priorities throughout the week.
Organize Your Work
Organizing your work is easier said than done, but you can’t get a proper hold on it without having a filing system in place. It’s easy for a single stack of papers on our desk to get out of hand, which is why building a proper filing system is a great place to get started with your organization. Whether you choose to have a filling system or a digital archiving system, you must get started on that ASAP.
When it comes to hanging onto records, here’s a better idea of some of the items you should always be filling for your business:
- Asset records
- Expense records
- Gross receipts
- Income, employment, and sales tax records
- Legal documents
- Purchase records
If you’re able to, it’s always recommended to move to a paperless archiving system to ensure everything is in one place. Technology today makes owning a paperless business more accessible than ever. Check out some of the best scanning apps to help you make a move and get organized.
Utilize Helpful Tools
Remember that technology is your friend. There are plenty of resources available to small business owners that can help tremendously with time management practices while at the same time improving productivity. Here are a few of our favorites.
An ERP solution for your business is an excellent way to help with your time management as a small business owner. Essentially, software like QuickBooks Enterprise consolidates most, if not all, your business functions in one powerful and user-friendly platform, so you can generate reports, keep an eye on your finances, streamline inventory and orders, and more without being overwhelmed. Additional features include integration to other systems and remote access so you can tackle business tasks from anywhere.
If you aren’t a marketing wiz or specialist in graphic design, Adobe Spark can be a big help. It’s especially useful as an easy-to-use Instagram post generator. Adobe Spark offers many eye-catching templates that you can use to impress your followers and entice new followers on social media. Using the site’s templates will definitely help simplify and speed up your social media marketing efforts.
Time management does not only apply to your work as a small business owner. Often, your personal life and work-life overlap, making organization that much more crucial. Todoist is one of the top-ranking time management apps out there, with over 25 million users currently.
The app has been carefully built up over the last decade. It has been on the market, with countless features available to users today. Set personal goals or launch business offerings, all with the help of one app. Small business owners can track to simplify team management and employee timesheets from one place.
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