As a small business owner, efficiency is vital to success. As your business grows, you’ll find yourself pulled in multiple directions. Without the ability to prioritize and streamline your processes, you may get overwhelmed – costing you time and energy.
Becoming purposeful with your time takes diligence and practice. Here are a few areas to consider when building a time-management strategy.
It is incredibly challenging to be time-efficient when you cannot find anything. Establishing an organization system that works for your business will go a long way to keeping you on track. While it may take you an extra step or two to properly store or categorize a document or product – it will save you time in the long run when you don’t have to go digging for that item later on.
When considering time management, technology can be a great help or a great distraction. Seek out advice on automation software for your industry. Some apps, like Evernote, Trello, Slack, Google Drive, and similar programs can help in any industry. The key to successfully implementing a time management strategy with technology is proper training and having a backup for your information.
Be prepared to prioritize ruthlessly as a small business owner. If you have a team of employees, delegate tasks that don’t need your attention immediately. This will help to build your employee’s experience while taking something off your plate. If you’re a sole proprietor, clearly define your goals for the day – and limit them. Give yourself one to three things that you must complete that day. This will help you focus your energy and actually see tasks through to completion as opposed to chasing your tail.
Communication within your team, with your customers, and with your vendors will also greatly impact your efficiency. If you don’t have an effective communication strategy, tasks won’t be completed properly, orders can be missed, and it will take more time to finish projects. Establishing a consistent communication procedure for common situations will help you streamline your processes for yourself and your team.