How to better your small business?
Getting more out of your small business usually comes down to four things:
This newsletter is continuously bringing to you helpful tips, tools and resources to assist you in your every day activities, and in helping you to grow your small business efficiently. Part of that growing is that you as the business owner or entrepreneur is required to free up time to focus on your business.
Spending less time working in your business and more time working on your business is a well-known recipe for success. But when you are running a small business, you can be so busy doing the doing, there never seems to be time to look at how the doing is done. This week we'll look at how we can handle the first item above, so here are few quick tips to help you get started.
Find out exactly what you do
For a day or a week, record everything you do, as you do it. If you need to - hire a student or ask someone to follow you around and record it for you. It may sound odd but that it is all about getting things done without any excuses. Make a note of every call you take, every email you read, every conversation you have - the lot.
For each activity note the time it took and have some columns to tick with headings like, planned activity or unplanned activity, productive or unproductive, completed or needs a revisit, manual task that has an automatic option - you get the idea?
Look for opportunities
Once you've recorded what you do, here are some simple time saving tips that could help you spot opportunities to stop doing some things, do some things differently or start something new.
So take action and start the ball rolling. Chances are one or two straightforward opportunities to free up a little time will quickly appear. Make them happen as soon as possible and make sure you use the extra free time to investigate more ways to save time.
By repeating this process you'll soon be able to set aside a regular block of time for working on your business, rather than in it. After that, further time savings can be used to get more doing done and lift the productivity of your business.
Save time with online services like Internet Banking
With more and more banks now offering online services you can make use of that for both of your personal and business banking activities. If you are not sure what online services your bank is currently offering - make time to visit your bank and discuss this with them. By taking advantage of your bank online service is an easy business tool that can free up your time so you can focus on your business. Here is how:
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Passionate about entrepreneurship, small business and start-ups. Love tackling the issues and challenges that matter and helpful to small business people.