6 Time Management Tips for Business Owners

6 Time Management Tips for Business Owners

Time Management TipsWhether 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.

Try dividing your to-do list into:

  • Urgent tasks
  • Short-term goals
  • Long-term goals

This will allow you to allocate your time more effectively. Here are six of my favourite time management tips for business owners.

Time Management Tips

Prioritize Communication

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, four column table document. In the columns, include:

  • Topics
  • Major discussion points
  • Action items
  • Follow-up purposes

When the meeting is over, share the document with your team to keep everyone on the same page.

Utilize Productivity Resources

  • Google Drive is a great way to access 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 coaching helps owners of small and medium sized businesses with their sales, marketing, management, team building and so much more. Contact business coach Rob Carol for all your business coaching needs. Call 604-942-2866 or visit www.robcarol.com/

Rob Carol
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Executive Business Coach, Rob Carol, can help you! As your business coach, he will be working with you in five key areas. The emphasis on each area depends on YOUR needs, the type of business YOU have, and YOUR goals.

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