How Best To Manage Time As A Small Business Owner

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How Best To Manage Time As A Small Business Owner
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• All small business owners know that time is their
  greatest asset, as while money or even business
  can be lost and gained, time, once expended, is
  gone for good. Managing time then becomes one of
  the greatest challenges and responsibilities of a
  conscientious and profit minded business owner -
  both for themselves and their employees - and
  here are a few tips on how best to achieve it
• Log your time
• Keeping an accurate record of how you spend a
  typical day is a highly useful way of identifying
  areas in which you, as a business owner, can make
  better use of your time, and can help show you
  just how much time you spend on certain
  activities.

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• Once your day has been logged, corrective
  measures can be put in place
• Identifying the areas in which you may be wasting
  time or expending too much of your valuable
  energy, is the easy part, figuring how to reduce
  that time is not quite so easy. However, better
  organizing how you spend you time will soon see
  your stress levels reduced, and your
  productiveness increased.
• This method works equally as well for monitoring
  how your staff spend their time. Wasting your own
  time as a business owner is one thing, but paying
  employees to waste their time, is quite another.
  Monitor how each employee is

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• fulfilling their tasks and check that they arent
  taking longer breaks than permitted etc. Clocking
  in and clocking out can really help with this,
  and offenders can be docked pay or reprimanded
  for time wasting, in whatever form it takes.
• Set yourself time restrictions
• There are various techniques that business owners
  can employ when attempting to maximize
  productivity in the workplace, and one method is
  to set a time limit upon the amount of time you
  spend on each given task. With your employees,
  make it clear to them how much time you expect
  them to spend on each task or element of their
  role, and have them try to achieve these goals.

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• Ensure that your employees are punctual
• Punctuality is important in any business, not
  only as a common courtesy, but to ensure that the
  maximum production can be achieved during a
  working day. There are many professional
  companys offering time management solutions for
  businesses, most of which can be integrated with
  payroll, making the whole process far easier to
  track and paying employees, far more accurate.

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• Dont be afraid to delegate
• There is absolutely no shame in delegating any
  number of tasks to others expecting to be able
  to run a business entirely on your own and taking
  care of all aspects singlehandedly, is simply not
  realistic. Ensure that whoever is being delegated
  to complete a task, has received the appropriate
  training and has the relevant skills, otherwise
  your workload will increase instead of being
  reduced.
• For any business to function effectively, there
  has to be sound time management, and while part
  of that is your responsibility as a business
  owner, you must ensure that your employees are
  managing their time effectively too,

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• particularly if you want to avoid paying people
  for not fulfilling their roles within the
  appropriate timeframe.
• Apollo Payroll is one of the premier small
  business payroll services companies in Miami and
  Coral Gables. Apollo Payroll is dedicated to
  delivering expert advice, responsive service, and
  highly accurate payroll processing and reporting
  to ensure the success and growth of the business
  that we serve. Our services include comprehensive
  payroll services in Homestead and other cities in
  Miami-Dade County, employee background check and
  group health insurance in Miami Coral Gables.