A productive leader and team are essential for any business to succeed. Productivity is more than just keeping busy. You can get distracted by tasks that are essentially useless and waste your time and energy.
It’s crucial to be a leader and make the most of each moment and every decision you make. Twelve members of Young Entrepreneur Council (YEC), weigh in on the following question.
“What is one productivity tip that you can share with small businesses? Why is it so important?”
These are the top tips for small business owners to improve their productivity.
Top 12 Productivity Tips to Help Your Small Business Thrive
1. Get a concrete plan in place
A concrete plan is essential for small business owners. You will be more productive if you create an annual business plan. First, identify your top goals for the year. Next, take your major goals and break them down.
Then figure out what each quarter will require to achieve those larger goals. This strategy will help keep you on track and productive even when money and time are tight.” John Brckett, Smashballoon LLC
2. Prioritize Your Responsibilities
You are likely to have multiple responsibilities as a small business owner and must manage many processes simultaneously. Prioritize if it is difficult to delegate some of your responsibilities. Remember that 80 percent is the result of 20 percent of your efforts. “Find your 20 resources and gradually increase them so you can grow.” Solomon Thy, TwoIMS
3. Delegate Admin and Non-Core Tasks
Small business owners should learn how to delegate administrative or non-core tasks, and focus their energy and time on the activities that will propel their business forward. When you start a business, it’s common to have multiple responsibilities.
But once you grow, it’s important to delegate non-core tasks and focus your time and energy on the key activities that will drive your company forward.
4. Automate and digitize tasks
“Automating or digitizing is essential for productivity in today’s world.” It is possible to reduce manual tasks and place them in an automated system which increases efficiency.
5. Define Success
It is important to define success and what ‘productivity’ means (and how it may differ between organizations, teams, or individuals) as a starting point. If an individual or group isn’t clear about how leadership defines productivity, they might get caught up in busy work for false productivity.” Christopher Tarantino and Epicenter Innovation
6. Stick to a Schedule
“Make a schedule and follow it as closely as you can. You can’t be too rigid when running a business. It’s not always easy. You should schedule regular tasks to be completed so that you can get into a routine. It can be easier to use scheduling tools such as Google Calendar or another app. “Professional habits are a way to get more done.” Kalin Kassabov. ProTexting
7. Hiring an experienced bookkeeper
It’s tempting to think you can do everything when your business is just beginning. An experienced bookkeeper will ensure that your eyes are always on the ball when it concerns managing cash flow and expenses. You can then focus on your business and grow it, rather than managing cash flow and expenses.
8. Use a strict filing system
Being organized is key to your business’s productivity. Your organization’s efficiency will be enhanced if you know where everything is. I use a strict filing system to stay organized.
9. Make a standard operations guide
Small businesses should be focusing on productivity as they often have limited resources. Small business owners can boost productivity by creating a standard operating procedure guide, even if they don’t have employees.
“Having well-designed procedures will allow for efficient growth, regardless of how large the company is.” Richard Fong and ProcessingCard.com
10. Leverage Productivity Technology
Utilizing productivity technology is a great way to increase productivity. Use tools like Asana, Time Doctor, Todoist, etc. These tools can streamline your tasks and help you make them more efficient. This will improve efficiency and help you achieve your goals quicker.” Thomas Griffin. OptinMonster.
11. Monitor your business performance
It’s crucial to keep track of your small business’ performance, especially before it takes off.
This allows you to create strategies that appeal directly to your audience, which will help you build strong customer relationships and increase conversions.
12. Build Flexibility Into Your System
Flexibility is a key component of any system. A small business has the advantage of being able to treat everyone as a person. This will improve job satisfaction, happiness, and productivity like you can’t imagine.” Tyler Bray. TK Parts.
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