5 Easy Time Management Tips For Small Business Owners

Time Management Tips For Small Business OwnersWhen I first started developing my business I was not sure which way was up and which way was down. As I struggled with trying to figure out everything on my own, I came to the conclusion that it doesn’t have to be this way. As a matter of fact, small business owners can eliminate some of the hard work, simply by adjusting our schedules a little bit.

Depending on the size of your operation (for the sake of this argument we are going to say that it is not very big) you can apply a whole assortment of strategies to better utilize your free time. Why do I say free time? As an entrepreneur, you are in charge of your very own enterprise. And since that business is yours, it allows you the ability to explore different approaches to solve both mundane and specific problems at the workplace.  Here are a few of my tried and true tips on how make time management easy in doing so.

Stay confident.

When we have to make urgent decisions with little time to plan ahead, we often go off course, and inevitably fall into the pit of doubt. Hesitating on important/unimportant issues can soak up A LOT of your time and energy. Be thoughtful and weigh out the pros and cons when making deals with important business partners, or even when deciding whether or not you want your office repainted in a new color.

Learn to ignore some of the small things.

Every business owner sooner or later finds himself spending too much time examining things that are too small of an issue to be dealing with. This can be detrimental to your schedule so instead of having yourself focus on some of the small details involved with an assignment, assign smaller tasks and duties to a trusted team member while staying on track with the bigger picture.

Organize your priorities.

“Should I play golf today, or is it better to do some paperwork instead?” If you became a business owner in order to ditch work, you won’t make it to the top. Prioritize your daily activities according to their urgency. Work should always come first before leisure, even on holidays, birthdays, and Shark Weeks. My personal recommendation is to write everything you have to do on your electronic organizer, including lunch breaks, to break down the day and even it out.

Don’t explain yourself twice.

Many business managers tend to explain themselves two, three or even four times, because they felt they didn’t explain it right the first time. When you have an important announcement, make sure that all your employees are listening, even the ones who are not involved in any particular way regarding the working process. If they aren’t available to listen, sending a companywide email helps. Second, always have a go to team member with you who also understands the ends and outs, so if your employees have any questions, they can address either you or the go to member with them.

Use apps.

You want to find out how the competition is doing? Keep important business meetings scheduled in or transfer some funds into a third party bank account? Get out your smartphone and start installing apps to help out! You can manage all of your bank accounts, service accounts, and more from the convenience of your phone and take it everywhere you go. Just remember to always keep a back up copy made!

Author Bio: Morgan Johnes is a freelance blogger passionate on topics related to education and business. He loves to read a lot and try new strategies for the development of his business, EndOfTenancyCleaners .

 

5 thoughts on “5 Easy Time Management Tips For Small Business Owners

  1. Many business managers tend to explain themselves two, three or even four times, because they felt they didn’t explain it right the first time. When you have an important announcement, make sure that all your employees are listening, even the ones who are not involved in any particular way regarding the working process.

  2. Learning to ignore the small issues is important, the bigger picture is often the best thing to focus on. day to day tasks should be delegated and getting the job done should be a priority- not a thirst for perfection!

  3. I agree with the comments above. Time management is really a great factor not only in business but in life as well. It really helps run a successful business. Thanks for sharing this tips, this adds information and help to small business owners. Keep posting!

  4. Well said – I believe that the ultimate key to succeeding in the work-life balance is to manage your time well which in turn will balance out all areas of your life and make things easier all around. Thanks for reading!