Time Management Strategies - Complete Controller

Time management is essential in life but especially important when it comes to running a small business. Some people have natural time management skills, while others may struggle with allocating time throughout their day to get work done. Whether time management skills come naturally to you or not, there are time management strategies that are universal and stand the test of time. The important thing is to manage time to focus on all the employees, including the owner. Here are four time management strategies to keep your business productive. Check out America's Best Bookkeepers

The Value of Timesheets and Production Reports

Most businesses have a process in place to ensure employees are paid for their work and are meeting business productivity and goals. Using timesheets and production reports can identify potential issues. Production reports and timesheets can be as detailed or general as considered necessary to show where time is spent and what work is productive and what is not. It can also identify an imbalance in workloads between employees. Even the business owner must keep a record of production to identify areas of delegation. It is common for a business owner to take on the bulk of the work, especially if it is new or struggling. Check out America's Best Bookkeepers

Scheduling and Production

Scheduling of employees is a common way to make sure there is coverage, but it can also help balance time management tasks. Schedules don’t only have to cover the hours a person works, but there can be a regular schedule of specific checklists or tasks to ensure production is not only optimal but accomplished at the same time every day. The scheduling of the task can be the scheduling of the employee who will take on the task. Production is essential to every business’s success, and focusing the scheduling to have optimal production daily will contribute to all goals being met.

Setting Milestones and Long-Term Goals

Setting long-term goals is a given within any business; however, it is also essential to set up milestones. Though the owner has overall control of a company’s long or short-term goals, every employee must help control time management by being involved in goal setting and agreement on milestones. Having smaller milestones to meet when there is a larger long-term goal will keep production moving forward. Breaking it down in smaller increments will prevent any employee or owner from becoming overwhelmed. It also helps to keep the time manageable, which is essential for productivity towards goals. Check out America's Best Bookkeepers

Time Management Can Be Taught

While the business’s overall time management is the owner’s responsibility, it is also the employees’ responsibility to manage their own time wisely. There should be coaching and training and opportunities for improvement for those with issues with managing their time. This will ensure that everyone is on the same page regarding time management, productivity, and the business’s best interest. Those employees struggling with managing time or productivity may need to temporarily lessen the workload or tasks while they train and improve.

Conclusion

When in business, time can be a killer if it is not managed correctly. To ensure your business has high-level time management, the owner and each employee will need to do their part and work together to optimize productivity and time. Using productivity reports and timesheets, setting milestones and goals, and focusing on scheduling and production will ensure the business is highly productive, successful, and always thriving. You must use strong time management strategies to optimize your business’s time management. Using these four strategies will help you get and keep time management under control in your business.

 

Check out America's Best Bookkeepers About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks™️ file, critical financial documents, and back-office tools in an efficient and secure environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity. Check out America's Best Bookkeepers