Relying on technology might help save time, energy and frustration.
You’ve heard it again and again: You’ve surely got to work smarter, not harder. The simplest way for just about any entrepreneur to work smarter is to really have the best organization and time management tools at their disposal. There are plenty of tools from which to choose nowadays, and since lots of the newer ones focus on a smartphone, you can stick to top of your productivity without having to be chained to your desk.
Poor time management and organization will set you back as well as your business tremendous levels of money. When technology can be used, specifically for repetitive operations, mistakes and work hours are reduced or eliminated. So, whether you’re not used to using tech tools to arrange and manage your business or you have yet to update your tools, remember to examine these approaches.
Consider what your business is wasting time on now. When you are like most companies, chances are good you are filing, retrieving important documents, tracking your earnings and expenses, invoicing and collecting and training employees. These kind of tools could make these tasks easier and faster to complete:
Cloud-based document storage. Rather than locking important files in your workplace, store them online (“the cloud”) where you could retrieve them anytime from anywhere. Google Drive enables you to store up to 15GB free of charge, while giving clients or colleagues usage of collaborate. Other tools in this space include Dropbox and Box. They are able to store from simple text documents to sales presentations, general market trends and photos. They automatically assist you to file proposals in a single place and signed contracts in another. Their security controls allow you to give only certain people usage of certain files, lessening the probabilities that important info will fall in to the wrong hands.
Online finance tools. You understand by now a computerized accounting program can execute a better job of managing your business’ finances when compared to a paper ledger (or worse: receipts stuffed in a desk drawer). Much like document storage, there’s no dependence on financial management tools to be tethered to a computer within an office anymore. There are cloud-based accounting programs and electronic invoicing tools that may put you in relation to good financial management practices. With e-invoicing systems like Freshbooks and Xero, you can automate both billing and collection: You create standard invoice categories and prices beforehand to help you immediately generate an invoice from the job site. A number of the e-invoicing systems are adding tools to be light-weight versions of the big accounting programs. An added big time-saver in these tools: They make it easy to look back at finances when tax season rolls around.
Training programs. The better trained your employees are, the less time you need to devote to managing them and the more they’ll increase your business’ important thing. How will you find time to be the trainer-in-chief while you are already wearing so a great many other hats? There are resources online and training platforms that may enable your staff to understand in bite-sized chunks and even take exams and gain certificates. If the web resources don’t quite fit the bill, think about easy steps, as an occasional brown-bag lunch seminar or establishing a mentorship program to enable seasoned employees to talk about their skills and knowledge.
Productivity is vital that you a business proprietor, and the secret to being the most productive is usually to be organized. You might not have natural organizational skills but there are apps which will help you. Some, like KanbanFlow, can prompt you to assign tasks and set payment dates. Others, like Trello, work as project management tools to arrange the workflow among your employees. There are even tools like Which can make the hiring of new employees more organized and time-efficient by assisting you to post to multiple job boards simultaneously and screen applicants. Given how tight the U.S. labor market is at this time, this is often a big time-saver.
Stephen Sheinbaum may be the founder of Bizfi, an aggregation marketplace that provides many kinds of alternative funding, from short-term finance to long run loans, equipment finance and credit lines. Since 2005, Bizfi has started in more than $2 billion in funding to a lot more than 35,000 smaller businesses, including many well-known franchise