5 Useful Time Management Tips for Business Owners

5 Useful Time Management Tips for Business Owners

Reading Time: 2 minutes(Last Updated On: August 22, 2021)

5 tips to help you become more productive while growing your business.

Growing and managing a small business is extremely time-consuming; there simply aren’t enough hours in the day.  To get it all done efficiently and to minimize stress levels, effective time management is essential.

Quick Summary:

When growing your business, it is important to constantly look for ways to save time. One area where many small business owners spend wasted time is when trying to secure funds to grow. Save time and apply online for a quick and easy business loan>>

5 Helpful Tips to Manage your Time

  • Use technology

    Automate as much as possible and use technology to simplify your tasks and streamline processes. One effective example is to sync your mail, calendar, tasks and contacts using one platform. Another effective time-saver is to utilize online tools, such as applying online for an easy business loan or managing customer relations with an online CRM tool.

  • Trust in others

    If you don’t already do it, learn to delegate tasks to employees so that you can focus on company strategy and growth. You could also consider outsourcing tasks that aren’t within your company’s areas of expertise.

  • Plan ahead

    Block off a short time period at the beginning of each day to set a daily schedule. Prioritise tasks and schedule important, big tasks for early on in the day while your mind is still fresh. Plan set time intervals per task. Multi-tasking is the most counterproductive habit, it is better to focus on one project at a time.

  • Avoid distractions

    Whether it’s Facebook, email or instant messenger, we all have our social distractions. The solution to this huge time-waster is simple – turn it off. Mute your notifications, and schedule specific blocks of time for email and social media usage.

  • Schedule downtime

    To put it plainly, we are not robots, we are human. We simply cannot work endless hours without a break. Block off time in your calendar each day for you-time. This will help you rejuvenate and approach your work with renewed energy and a fresh mind.

Time is Money

Become helps small businesses save time by providing quick and easy access to business loans. Searching for the right loan for your business can be daunting. By applying for a business loan through Become, you can spend your time growing your business and not dealing with loan decisions and financial paperwork. We will match you to the right loan for your business. Applying online for a business loan through Become takes a few minutes, approval happens quickly, and you could receive your funds within a few days. 

Disclaimer: The above information is of a general nature. Before receiving a business loan you should consider the loan agreement and finance documents provided by the lender, and whether the loan is suitable for your business.

Disclaimer: The information contained in this article is provided for informational purposes only, should not be construed as legal advice on any subject matter and should not be relied upon as such. The author accepts no responsibility for any consequences whatsoever arising from the use of such information.