Have you ever wished you had more time? It’s very common to hear small business owners say ‘If only I had more time…’ As a leading CPA firm in Lincoln, Nebraska, Bryant & Associates, P.C. knows that time is the most precious resource on the planet. However, we don’t always treat it that way. In small business, it’s important to get everything done. And, it’s also easy to get overwhelmed with all the little things that need to be done to take care of customers. One of the big differences between highly successful entrepreneurs and less successful ones is how they manage their time: the more successful simply value it more and treat it as the scarce commodity it is.
Do You Need More Time?
We all know there are only 24 hours in a day. How you spend your 24 hours can have a huge impact on your business. A great exercise to bring this home is to track what you do in one day. Write down the major tasks you do each hour or every 30 minutes of the day. Evaluate the tasks you did. Did you spend time on low-level tasks such as email cleanup, filing, order-taking, order filling, or handling routine customer questions? Or did you spend time calling up power partners, designing and planning new products or services, or restyling your marketing message so that it’s more impactful and reaches more customers?
What’s Your Time Worth?
How much is an hour of your time worth? $25? $100? More? Chances are that, as a small business owner, you are wearing too many hats. When that happens, you tend to wish you had more time. Bryant & Associates, P.C. understands that time is money. Time is the biggest asset of a small business owner. You cannot buy time, so how you spend your time is crucial.
Move Your Business Forward
Ready to take your business to the next level? Then the first thing to do is to start delegating the lower level tasks that are eating up all your time. They might be a comfortable way for you to pass the time, but they could also be keeping you stuck, overwhelmed, and moving toward burnout. Start making more time for yourself. Use that time to focus on more powerful action items that move your business forward..
Contact Bryant & Associates Today at (402) 423-0404!
At Bryant & Associates, P.C., our firm of small business accountants can help you make sense of hats you are wearing. From bookkeeping to payroll, tax services to business consulting, we offer a broad array of accounting services designed to help you manage your business more efficiently, so you can spend your time and energy on growing your business. Contact us today at (402) 423-0404 and let’s get started!