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7 Time-Management Tips for Small Businesses

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By    |   Sunday, 12 Nov 2017 12:24 PM

Successful small businesses take hard work and dedication along with effective time management. Understanding how you spend your time helps to see what needs improvement for greater productivity.

Managing time on work also provides the small business owner with precious time spent on family and enjoyment. The proper balance of business and personal matters avoids problems inside and outside of the workplace for a pathway to success.

Instead of wishing for more time in the day, consider these seven time management tips for small businesses:

Set a smooth schedule — Simplify work by dividing time between focusing, internal matters, and free days. Certain days can be used for business development, others for planning and paperwork, and then allow free time on weekends or other days, according to the National Federation of Independent Business (NFIB).

Avoid wasted meetings — Many meetings take time away from the business owner and employees. Cut down on meetings or cancel those you feel aren’t necessary, advises Alex Dastmalchi, CEO of the Dastmalchi company.

Set shorter deadlines — Allowing too much time on projects could just expand work and waste valuable time. Even if you miss a deadline occasionally, you will have more time to concentrate on important duties overall.

Know what not to do — You’ve heard of “to do” lists, but “not to do” lists cut down on needless activities. Past experiences can remind you of what not to do or what to eliminate.

Delegate projects — Have staffers or employees handle situations that don’t require your immediate attention. You don’t have to be involved in every conversation if you have people you can trust. Let someone deal with emails or online tasks.

Prioritize — Time-saving techniques help to avoid situations that don’t provide good results. Put urgent matters first, followed by important matters. Leave those that are not important for last.

Take it easy — A successful business can become quite demanding and exhausting. Know when to relax and take advantage of down time. Burning out not only hurts the business owner, but it also does a disservice to clients and employees.                             

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Successful small businesses take hard work and dedication along with effective time management. Understanding how you spend your time helps to see what needs improvement for greater productivity.
time, management, tips, small, businesses
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2017-24-12
Sunday, 12 Nov 2017 12:24 PM
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