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E-Myth – “Why most small businesses don’t work & what to do about it”

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Edmonton Accountant | Time Blocking for Success

The most important issue for small or large businesses, says Edmonton accountant, his time blocking. It is also arguably the most looked over issue. Time management and time blocking however is the essence of any businesses success.

Business owners who set up a time blocking system and keep appointments to generally better when Edmonton accountant looks at their financial reports. They have more time, they have more clients, and they make more money. To the contrary, businesses who do not have a time blocking system in place are less efficient, have employees that are less happy, and are generally less successful, or might even fail.

Statistics show that an interruption in concentration takes a least 23 minutes for something to get back on task and refocus. Further to that, the evidence shows that no one is really a good multitasker.

Edmonton accountant advises that as a bar grows, you need time to focus on both solitary work as well as collaborative work.

Often a question from businesses are what kinds of things do they need to time block? The answer is everything! A business needs to look through what are all the functions of that business. Yes, it may in fact take a while, but it will absolutely be worth it in the end. In order to do so, you will need to look through every aspect of your business including interview, recruiting, and hiring processes, sales, payroll, marketing and advertising, etc. As well, don’t forget to factor in your travel time to potential meetings, Aaron’s to keep the office running, etc.

Edmonton accountant shows you how to set up a time blocking system by drawing a line down the centre of a page. The more complex. Important tasks should be grouped together at the top of the page. Further, there should be four templates within the time blocking system, week one, week two, week three, and week four.

Studies show that people are generally more productive in the mornings. People are more alert and more productive before noon. If you properly follow the time blocking system, do the heavy lifting for a client in the mornings, i.e.; paperwork, business plans, etc. Book your client meetings in the afternoons. By the time you meet with your clients, all the heavy lifting, paperwork, numbercrunching, etc. will be finished. Your client will be happy that work has been done and answers have been given.

Be aware to the time blocking is not industry-specific time blocking is ideal if two things happen. If finishing tasks is a priority in the mornings. And if making significant progress on the task at hand happens.

Ultimately, should be working towards a schedule where you will only need to deviate once or twice a year. Accidents and emergencies happen, but we must be able to account for the time lost.

You need to shift your mindset, because a new mindset will be the thing that sets you free to do what you want to do.

The science shows to tie the tasks to time blocks, and Edmonton accountant does not refute it.

The most important issue for any size business is time blocking, and is arguably the most important issue for any successful business. It is the essence of success.

Business owners who set time blocking strategies and keep appointments do generally better when we look at their financial statements. On the contrary, businesses who do not follow a rigourous time blocking system are not as efficient, lose more man-hours, their employers are not as happy, and they lose more money. Ultimately, they fail.

Statistics show that an interruption in your work takes 23 minutes to get back on task and refocus. Further, the evidence shows that no one is really a good multitasker. As a business grows, you need time for more focused solitary work as well as collaborative work.

So, what kinds of things does a business of any size need to time block? According to Edmonton accountant, a business needs to time block everything! You need to look through what are all the functions of the business, accounting for marketing, is sales, supplies, recruiting, interviewing, hiring, etc. Further, you must account for travel time when meeting clients, or going to buy office supplies for your brick-and-mortar office.
Drill into the functions and hammer out which are daily, weekly, and monthly tasks. Once completed, use four templates, and week one, week two, week three, and week four, lay them out on a calendar which is the first step of any successful time blocking system. More complex and important tasks should be grouped at the top of the page, suggests Edmonton accountant.

Time blocking, one must understand, is not industry specific. A successful business owner must concentrate on two things. Finishing tasks that have already been started, or making significant progress to tasks that can’t already be completed.

It is also important to pre-populate your calendar. For example if you’re a business owner, you should have your calendar blocked off at least one year in advance. Ultimately, you should be working towards a schedule that you only deviate from once or twice a year. Understanding the accidents and emergencies happen, if you are as specific and detailed in your time blocking system, you will have ample time for the pitfalls of life such as a car accident, jury duty, doctors appointments, or other things out of your control.

A discipline schedule equals or maximum free time for you to live your best life. When you close your business for the day you can actually know that the business is in fact closed, yet everything is well taken care of.

Two albums that affect projections more than every other consideration are, what other marketing initiatives, you have to have a lead. And we also have to understand what the business owners schedule looks like. You need to shift your mindset, although it’s the shift that will set you free.