5 Time Management Tips for Small Business Owners

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5 Time Management Tips for Small Business Owners

Setting up a business is one thing; running it is another. Managing your time when you run a small business is tricky because it often feels like your work is never done. You are in and out of meetings, dealing with multiple different situations, and networking; but that leaves little time for the day-to-day operational tasks. There’s an art to balancing it all. To help you along, we’ve put together five-time management tips for small business owners. Just a few good habits will get you on track and your business flying.

Plan Your Schedule

Taking the time to plan your schedule can significantly improve your momentum. When you don’t plan, you may find you struggle to know what to do next, how long things take, and what is most important. By planning your week and day ahead of time, you can schedule your tasks in order of importance and according to how you work best.

Break Down Big Tasks

It’s always the bigger tasks that stress us out and lead to procrastination. In line with your schedule, you want to tackle these tasks when you are fresh. Before you get overwhelmed, find a way to break the job up into smaller, more manageable chunks. Instead of waking up to the thought of this one daunting task, you can schedule time for one specific aspect of the task to tackle when you’re most fresh.

Minimise Distractions

Distractions come in a myriad of forms. Whether you’re working at home or in an office, there’s always something to take your focus away from the task at hand. We know that social media is one of the most significant time drains, so block these sites from your browser. Other distractions include emails. Schedule time each day to deal with emails rather than attending to them throughout the day. You can also get in the zone by setting up a good working playlist to help drown out the noise and get you focussed.

Track Your Time

Some days we take far too long to carry out simple tasks, and we don’t even realise we’ve been lagging behind. In your schedule, carefully consider how long to spend on each task and try to stick to it. If you have overestimated or underestimated how much time you need, adjust your schedule in accordance so that you can make sure you fit everything into your day and week.

Delegate, Delegate, Delegate

Delegating tasks to your team and your assistants is life-changing and will ease your workload. If you don’t have anyone to delegate to, find apps and software that can help you. Track tasks and projects with scheduling software and communicate quickly and easily. When it comes to business operations, invest in good business software to help you keep track of everything from accounting and payroll to stock and orders. You won’t regret it.

Tencia is the ideal software for small business owners; it is suitable across a wide range of industries, and it is secure and easy to use. You can use Tencia to manage your cashbook, general ledger, debtors, creditors, sales orders, purchase orders, stock, your payroll, and even do analytical accounting. For more information, book a product demonstration today.

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