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Effective Business Time Management

 

Time management is important in managing your business especially if you are running a business your own. It is easy to list the things need doing in your dairy but whether they get done at the end of the day is another matter. Here are some of the tips to get your to do list shorter.

Make a list

At the end of each business day, make a list of things to do in order of priority you must do the next day. By doing so, it will get your morning off to a flying start.

Taking a short break

Take regular short breaks during the day. W are all human working flat out 24 hours a day will not produce the best results.

Be realistic on your tasks

Realistically about 20% of time should be allocated to admin, queries and problem solving. So plan your task taking into account such factor.

No work at weekend

Do not let work spill over into the weekend. Use Friday afternoon to tie up the week's loose ends. You need the weekend to relax.

Do what you love

If you love your work, it would not feel like work. If you hate your work then you must re-assess your original intention of starting the business.

Fresh thinking

Assess the business current position and think of solutions to get the business in line with its vision.

You must find ways that allow you to think as if you are working on the business not in the business. This is particularly important for the business future direction. Some people prefer to have a walk on the beach or sit in the park or somewhere quiet and relaxing.

Avoid distraction

Switch off outlook, put your phone on voicemail and focus on one key task. Those interruptions are costing you time. Deal with them all together when you're ready.

Clear the desk

Do not pile up your tasks on the desk at the end of the day and only have the work that needs doing the next day on the desk so that you can start straight away.

Time your phone calls/meetings

Chatting builds relationships but its take up your valuable time (are you wasting time?). Timing your calls will tend to make them shorter and similarly, list out your meeting agenda before a business meeting.

Bin the junk mails

Every business receives lots of mails, sort them out as they arrive and throw away those are junk or recycle them.

Sometimes, however well you manage your time others will waste it for you. Bear this mind when planning your work and ensure important tasks are not planned in between meetings or during busiest hours of the day.

Concise Accountancy - Managing time making a business success

 
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