Small business owners fulfill so many roles, that accomplishing the list of daily tasks can seem daunting. How can a new entrepreneur learn to manage time efficiently?

 

1. Plan ahead: Always plan for the following day, or you will find the hours slipping away from you. Good planning helps shield against procrastination and distractions.

2. Prioritize: After planning the next day’s to-do list, number the items. Give top status to the most pressing tasks, and second-tier status to tasks that could wait for another day.

3. Apportion time realistically: Block out a reasonable amount of time for each project. You’ll avoid frustration if you assume that tasks will take longer to accomplish than they should.

4. Avoid over-scheduling: Leave some wiggle-room between tasks. That way, when the inevitable emergency arises, you won’t feel stressed by the pile-up of activities on your list.

5. Don’t multi-task: Contrary to popular belief, multitasking is not a time-saver. People function best when they their full attention to one task at a time.

6. Avoid interruption: Work with only one thing on your desk, in order to avoid distraction. Resist the temptation to check your email before a task is completed.

7. Implement technology: Use technology to your advantage. As you recognize or remember new tasks, mark them in your phone, Blackberry, or computer desktop’s calendar. Use automated reminders to alert you about meetings or scheduled phone calls.

8. Delegate: No one can do it all. Even if you don’t have employees, you can outsource jobs. Billing, supply ordering, and office cleaning are all services offered by private companies.

9. Take advantage of “down” time: When you are waiting for appointments or stuck in traffic, make phone calls or write down new ideas and plans for your business.

10. Pay attention to your internal clock: Schedule difficult tasks for when you function best. Most people are most alert in the morning and about two hours after lunch.

By following these time saving business tips, entrepreneurs can save both time and money.