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The Secret Sauce to Saving Time

  

Is finding enough time to do everything you need to do one of your top five small business challenges? If so, you're not alone; just about every entrepreneur lists 'time' as a challenge that they face today in running their businesses. It's not uncommon to feel stressed and overwhelmed at everything that you need and WANT to do.

 

Plenty of time management books will help you use your time more productively, but who has time to read a whole book these days? Instead, here are some quick tips to help you work smarter, ease any stress, and tame the time monster.  

 

The 4 "D"s

 

You might have seen a strategy that allows you to evaluate how to handle each task or e-mail as it comes across your desk. Here's mine: 1. Do, 2. Delegate, 3. Delete, and 4. Delay.

 

It's easier to Do than it is to explain. For each task you have, you choose one of the four. Do means drop everything and do it now.   Delegate means give it to another person to do. Delete means you didn't really need to do that task in the first place and you can cross it off the list. And delay means you're going to do the task later and not now.  

 

Every single thing that comes into your life can be handled using this 4D filter: do, delegate, delete, and delay. It's a great tool, and I'd definitely recommend trying it if you don't have a system for yourself. But there's an even better idea.

 

The Secret Sauce

 

Once you've applied your formula and you've decided on the tasks you're going to do today, there's another step that you can add that will actually start freeing up some time. With tasks you're going to Do, use two more filters:

  1. Can I automate this task?
  2. Can I systematize this task?

Go ahead and do the task the way you've always done it. Afterwards, ask yourself, "is there a better, easier, simpler way?"

 

Take Your Biz Off Automatic Pilot

 

It's funny how we keep doing the same things over and over again the same way, even though our business has long outgrown the way we're doing it! Sometimes we don't think to question whether there are new ways of doing things faster. We might not want to tackle the learning curve, even though we could save a lot of time in the long run.

 

A client showed me her invoices recently, and I asked her how long she had been doing invoicing that way. "About 15 years," she said. The second she said it, it dawned on her to change. It hadn't occurred to her to even consider changing before! Once she got the bug to change, you couldn't stop her. She was able to both systematize and automate her invoicing, saving several hours each week. Once her mind was turned on by asking "Is there a better way?" she found dozens of tiny procedures she could change, freeing up even more time in her daily routine.

 

Workflow Improvements

 

It can happen when you add or replace an employee, too. You'll see what systems need tightening up, and you can create procedures and implement new software and tools with the new employee to make the job even more effective. This happened recently to an associate when he hired a personal assistant.

  

Frank was a do-it-now, do-it-all sort of guy. When he needed something, he needed it now. He was making multiple personal errand trips several times a week to purchase groceries, make dry cleaning runs, do banking business, and mail packages. His new assistant, took over all of those tasks and she also systematized everything. She created inventories and re-order points on all his supplies and even his groceries. She set up procedures for all her new tasks.  What took Frank 10 hours a week now takes Beth 3 hours a week because she eliminated the redundancy and streamlined the job. That's a time management tip worth implementing today!

 

More Important Things

 

The 4Ds-Do, Delegate, Delete, and Delay, are a great way to organize your time. To save even more time, take a look at automating or systematizing every process and system you can, and let us know how we can support you.

 

Won't it be nice to have time for more important things in life?  

Lake Tahoe hosts workshop!

Intensive Introduction to QuickBooks 

         

    THERE ARE SEATS STILL AVAILABLE -(We appreciate you forwarding this announcement to your friends and colleagues that may be interested in this class)    
    Want to learn how to use QuickBooks easier, faster, more accurately and to actually read and understand your reports?

     

    Are you a business owner, not an accountant?

    Be Sure to Attend one of these 2-day Professional QuickBooks Classes   

     

  • Master the Fundamentals of QuickBooks Accounting Software 
  • Learn the Simplest Way to Track Income and Expenses  
  • Learn how to Complete Accounting Tasks Quickly and Accurately
  • Avoid Wasting Time Through Trial and Error
  • Use Financial Reports to Improve Your Profitability
  • Become a Confident User

Who Should Attend?

·         If you are a small business owner and don't know how to set-up and use QuickBooks to keep track of your business finances - this class is a must.

·         If you are using QuickBooks and you can't understand your reports or how to use them for making wise business decisions - this class is a must.

·         If you are using QuickBooks and you've been ignoring mistakes that prevent you from using your financial statements - this class is a must.

 

About the Instructor: Marie Gibson is an Advanced QuickBooks ProAdvisor and a member of Intuit's National Speaker and Writer Network.  She is a professional educator, speaker and author with over 25 years of extensive and varied business experience and has taught Managerial Accounting at UNR.

 

Marie's company specializes in helping busy business owners transform their financial systems to give them timely and accurate financial reports, so that they can focus on running their business with certainty in an uncertain world. To see Marie's full bio, please visit her website at www.marie-gibson.com

  

These 2-day classes will be held at 3 locations: Incline Village, Tahoe City and Kings Beach.  Call for more details and sign-up online with: Sandy Sindt; sandy@sedcorp.biz; (530) 823-4703.  

 

What's Included: Expert QuickBooks training and advice

  • Thirteen hours of instruction
  • QuickBooks handbook that illustrates the exercises demonstrated in class
  • Learn to set-up and understand your simple, inexpensive, hassle-free accounting system
  • Understand your reports for business decision-making
  • Prepare necessary records for governmental and other business purposes  
If you have any questions about the class, feel free to call Marie Gibson (775) 720-3282.

 
ShoeBox-101 Basic Bookkeeping for Business Owners
 
ShoeBox-101

Sometimes I work with business owners who have great revenues and nothing left at the end of the month.  They ask "how can we turn our revenues into profits?" Why do we sometimes have trouble implementing the SYSTEMATIC changes needed to achieve our goals?  Ideally, achieving goals is accomplished in a series of tiny bite-size steps.  Many times, however, we instead try to implement changes all at once in one giant step.   

 

But, most of us just don't have the time to transform our business in one large step.  So, I recommend that you try a simpler method. 

 

For instance, try to get one new activity accomplished every week, and do it by biting off just enough so that you can make one change each week in less than an hour.  If you spend just one hour per week for 52 weeks; you've just fine-tuned your business for 52 hours.  In contrast, would you have actually been able to spend more than one entire week just improving your business system? Probably not. That's why it's important to start a program that helps you take the tiny steps; it helps break big chunks down into smaller pieces so that you can get things accomplished simply, easily and painlessly!

 

You may be wondering how you can do that, and how and where you can access the information that you need to implement these changes in one hour each week?  Here's help for you... 

 

A special self-study course, ShoeBox-101 Basic Bookkeeping for Business Owners, which helps you learn to take charge of your accounting system in a simple step-by-step process. This self-study program is created especially for you and is exactly what you've been needing to transform your revenues into profits!

 

SHOEBOX-101 is designed for entrepreneurs, business owners and managers just like you. That is... hard-working individuals who are short on time, who are not accountants by training, and who desire greater business success.  If you need help improving your business, this course will help you understand your systems and give you the confidence you need to take charge of your business.    

 

The self-study course includes everything that you need to set up your business accounting system, enter your transactions accurately and know the basic accounting principles and terminology.

 

It includes a full year subscription to ShoeBox-101 e-Minders, a 52-week series that holds your hand all year long.  For more information and to check at our No-Risk Guarantee, CLICK HERE.

 


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Marie Gibson Management & Consulting LLC
P.O. Box 17323
Reno, NV  89511
(775) 720-3282

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