Free consult & free copy of book

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

Contact Us

Stars

Most 5 star CPA Google reviews in Canada

Read Reviews

Chartered Professional Accountants E Myth

1 Fixed Monthly Fee - Planning | Accounting | Taxes | Consulting

Helping Canadian businesses beat the odds!

Edmonton Accountant | Time Blocking Is Integral Within a Successful Business

Edmonton accountant tasks, “what could be the most important issue for any small, medium, or large business?” Although many businesses do not take this into account, time blocking, is arguably the most important difference between a successful and unsuccessful business. It can be the essence of success or failure.

Unsuccessful businesses make excuses. Unsuccessful businesses give their employees reason to make excuses. Unsuccessful businesses are not as efficient, are not as organized, have clients abandon them, and see revenues dropped drastically. Unfortunately, some unsuccessful businesses ultimately fail.

Contrary to that, successful business owners adopt a proper and proficient time blocking system wherein their employees are much more efficient their client list grows and their revenue source. The difference is in the time blocking system.

Statistics show that an interruption in your task takes approximately and on average 23 minutes to get back on task and refocus to the point where you were before the interruption. Further to that, no one is a really good multitasker area business owners who have adopted a proper time management time blocking system recognize and allow the need for time to refocus and focus on solitary work as well as collaborative work

Some might ask what kind of things do you need to include in your time blocking system? According to Edmonton accountant, that’s everything from within your business. You need to overview and prospect, market, interview, etc., All aspects of your business. It will be in those points that you find where you are missing the most time and productivity. And don’t forget travel time in your list of functions. Travel time could be the biggest killer in a company’s profits.

Clients often ask Edmonton accountant how to set up a proper time blocking system for their company or small business. The answer is you must go back to your business and list all of the functions from within that business. Drill into the functions the daily, weekly, and monthly functions using for templates, week one week to week three and week four. Lay them out on a yearly calendar. This is the first step in your time blocking success. More complex, important tasks should be grouped together and implemented in week one. As well, the more complex important tasks which directly affect your clients should be grouped in work done and done in the mornings. With all of your commitments done in the mornings, you may book your appointments with your clients in the afternoons. Having all of your work done for your clients and your preparedness done in the morning, your client will see a marked attention to detail and be impressed that they are well taken care of.

With your yearly time blocking calendar filled out, pay close attention that you do not deviate more than once or twice a year. Sure, accidents and emergencies in life to happen. However, if you properly implement the time blocking system, you will have ample time for what life rose that you.

Some say, and contrary to what Edmonton accountant teaches, that the most important issue for a small business could be marketing, or advertising, or revenue.

On the other hand, most important issue for any small business is in fact time blocking. Time blocking is arguably the most important issue to a successful business. Unsuccessful businesses never learn how to time block. Ergo, they lose sales, revenue drops, clients, customers, and employees are dissatisfied and ultimately they fail.

Successful businesses have adopted the time blocking system and they have ample time for all of their projects, their employees are happy at work, and they have more time for the things that life throws at you.

In fact, Edmonton accountant says that business owners who keep appointments because of their time blocking skills have generally better managed companies with more revenue, and much cleaner financial records.

Shockingly, statistics show an interruption of focus takes at least and on average 23 minutes to get back on task and refocus on what you’re doing before the interruption. The evidence, in fact, shows the know it is really a good multitasker.

As we have established, thanks to Edmonton accountant, that time blocking is the essence of success, we must first start organizing our business by giving time for focused solitary work as well as collaborative work. Everything must be time blocked. Business owners must take a very close look at all of the functions from within your business. Business owner should get into the habit of using a yearly calendar and pre-populate your calendar blocking it off a year in advance, at least. If you can in fact properly and specifically block off your calendar a year in advance you will find that you will have more time to focus on your businesses growth, your family, your friends, and your personal life. Try not to deviate from your calendar more than once or twice a year. Although and understandably, accidents and life does happen, if you are properly time blocked, you will also have time to deal with what life throws at you.

Two items that affect projections more than every other consideration are what are the company’s marketing initiatives? You have to have a lead. A number two, you have the leads coming in but are you ready or do you have the time in your schedule for growth, getting the extra work done, then finishing follow-ups?

Time blocking is not industry-specific, suggest Edmonton accountant. Two points will effect a proper time block system. Time blocking is ideal if you start looking at and finishing the tasks. And number two you make significant focus and progress on the bigger tasks at hand, the ones that have longer deadlines.

A disciplined schedule equals maximum free time for you and your employees. When you close your business at night you can actually know that the business is in fact closed yet everything is well taken care of.