How to Manage Your Time Wisely as a Business Owner

Being the owner of your own business and company is a huge responsibility. Oftentimes, there are so many factors that go into the day to day operations and growth of a company that it is easy to get lost and feel overburdened.  

This is why it is so important to be able to manage your time wisely in order to ensure your company is running in the most efficient way possible. Here are some tips to help you structure your time better.

Organizers, Calendars, Agendas

The easiest way to be able to manage your time wisely as a business owner, regardless of whether you own a small or large business, is to stay organized with calendars, agendas and planners.  Having calendars in and around your work spaces, allowing for marking of specific dates will allow you and your employees to have a visual reminder of important dates, goals, and tasks.  This printable version can easily be placed in a communal or high traffic area for use by many people. Adjust the size of your calendars according to where you want to place it. For your more personal organization, the use of agendas and planners will be able to help you manage your own time as a business owner, to set meetings, keep schedules, and work more efficiently by means of a more structured manner.

Digital Assistants and Itineraries

In the age of technology, it is important to use all the tools at your disposal to your advantage. Using the aid of smart devices, you will be able to multitask your mornings with personal assistants that keep you on schedule. They provide reminders, and daily itineraries, acting as digital organizers and agendas to keep you aware of your tasks. You can have these set up in your home, on your phones and your devices, even while on the go. These reminders will work with you and are perfect ways to stay on top of managing your business.

Practice Routines

There are many devices, and tools that you can buy into to help you manage your time better, but there are also practices that you need to start doing if you don’t already have the habits of. Your daily routines help you stay organized when it comes to business. Setting times during your days to address specific tasks, such as designating time to read and answer emails, separating work that needs to be done allows you to stay more focused on the tasks at hand instead of getting distracted and pulled away. Having these structural routines benefits you as the business owner, but also clients, as they will know when is most effective to communicate. Routine and habit are keys to efficiency and the overall success of your business.

Clean Spaces

Another habit that you need to practice as a business owner is ensure that you have a clean and clutter free work environment. This not only means keeping your office and surrounding areas organized and free of clutter, but also your digital work spaces. Frequently going through emails and work documents, sorting through them and organizing them in folders will ensure that you are not wasting valuable time going through pages of useless clutter and spam when you need to access important information. A clean environment also frees up your mind to think more clearly and keep your stress and anxiety, low, helping you better focus and perform your jobs at hand. Taking a minute to organize and put away files will save you from spending more time worrying and panicking if you are frantically looking for misplaced or lost documents. Your organization reflects onto clients, colleagues, consumers, and customers, the professionalism of your business.

Separate Work and Personal Time

As a business owner, you are naturally working more hours than your staff and employees.  It is very hard to clock out, and in fact, you will have worked on your mind almost 24 hours in a day. It is important to acknowledge that work can take over if you are not careful and this will lead to problems of disorganization and even burn out. A good way to manage your time is to ensure that you keep your work and personal life separate. Doing things like keeping separate emails, phones, and computers will all help to stay organized and clutter free in your business. Being able to disengage from work is also a good way to refresh you and keep your mind rested. Having work on your mind all day will lead to confusion, forgetting things, and mixing up dates. This will have a negative effect on both your work and personal life. Remember to maintain a good balance and your personal and business lives will see the benefits.

Time is money. If you are not managing your time wisely while running your business, you are in fact losing money. Ensure that you are implementing the tools and practices that will keep your company running in a time efficient manner.  


Annika Bansal

Annika "The Chick Geek" is the founder of Small Business Sense shares small business ideas, tips and resources for independent Entrepreneurs and Small Business owners.