6 Time Management Tips for Business Owners
Whether you are a business owner or a manager, do you find that there never seems to be enough hours in the day?
Balancing your team and their needs, all while tracking output can be difficult if you do not have standard processes in place. The key to time management is prioritization.
TryÂ dividing your to-do list into:
- Urgent tasks
- Short-term goals
- Long-term goals
This will allowÂ you to allocate your time more effectively. Here are six of my favourite time management tips for business owners.
Time Management Tips
Email in this day and age is both a blessing and a curse. It is a convenient way for team members to communicate with each other; however, it can also be one of the biggest time wasters.
Instead, set aside a specific time to review your emails. Not only will this keep you in the know, but it will give you more time to work on other tasks you need to get completed throughout the day.
Set Aside Focused Time
As a business owner or manager, you will find yourself spending so much time helping your team with their tasks, you will have no time left to complete your own.
Instead, set aside portions of your daily or weekly schedule and dedicate it solely to your work. Make sure you do not get booked with other appointments during these times and fully concentrate on the tasks at hand.
Book Meetings in Chunks
When booking meetings, try to group them shortly after one another. This will not only keep you forcibly punctual, but it won’t break up the remainder of your day.
Re-Prioritize on Demand
When you’re a business owner or in a managerial role, it is important to be flexible. Each day presents a different set of challenges. Because of this, prioritization is key if you want to keep your ship afloat.
- To organize yourself, determine which tasks are urgent and what ones can remain on the back burner.
- Build your to-do list based on importance, time involved or resources needed.
Be Intentional with Agendas
Because of your position, it is not the best use of your time to sit through long, drawn out, ineffective meetings. Give each of your meetings purpose by creating a simple, fourÂ column table document. In the columns, include:
- Major discussion points
- Action items
- Follow-up purposes
When the meeting is over, share the document with your team to keep everyoneÂ on the same page.
Utilize Productivity Resources
- Google Drive is a great way to accessÂ documents in the office and beyond.
- Asana and Basecamp are great for organizing tasks on hand based on timelines.
- Slack is great for internal communication between team members.
Business coachingÂ helps owners of small and medium sized businesses with their sales, marketing, management, team building and so much more.Â Contact business coach Rob Carol for all your business coaching needs.Â Call 604-942-2866 or visit www.robcarol.com/