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Small Business Owner’s Guide to Coping With Time Restrictions

A chief complaint of small business owners I work with is that they don’t have enough time. If only there were more time in the day, they could setup a newsletter, manage a blog, engage their target markets on social media sites, etc. What would you do if you had more time?

Lets start tackling the problem of lack of time by looking at our relationship with time. A wee caveat before we dive in:  cultural variants are  associated with our notion of time, so some of this data might not apply on an international level.

We value time as our most valuable asset, above computers and company websites. Even cell phones rank a distant fourth. Small business owners are working longer hours and taking less vacation time than they did five years ago.

A Matter of Time: What Does Time Mean to Small Business Owners

Having to perform multiple jobs and not having enough time in a day to get everything done are cited as being the most difficult aspects of owning a small business, even more than we worry about making a profit (which ranks third).

How do we manage our time better to benefit our small business?

Make a list of priority tasks that must get done. Do this every morning as soon as you wake up. After about 30 nights, this will become a habit. Once you finish this list, you can move on to tasks.

Focus on what you do best, and delegate other activities to others in the most cost effective way as possible. Here are some tips on how to save money on a shoestring budget.

Enlist the help of mobile apps to make your day more productive. There are a wide range of apps from those that keep track of business cash flow to alternatives to traditional business cards.

Don’t be consumed by technology. You will get burnt out if you spread yourself too thin across a myriad of apps. Designate certain times of the day to check your mobile devices.

One Response to this post.

  1. Great article on time management for small businesses! Prioritize, prioritize and prioritize! – Rusty Bear Media's Gravatar

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