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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 Is the Key to Business Success

Edmonton accountant cautions that the most important issue for any business, big or small, is time blocking.

What tends to happen to successful businesses with a proper time blocking protocol is that they are more profitable, their customers are satisfied, and their employees are well taken care of and happy.

What happens to small or large businesses that do not practice proper time blocking is their business stagnates or fails, their customers are unsatisfied, and ultimately the business fails. Time blocking is the essence of success.

As an Edmonton accountant looks through financial reports, they find that the business owners who set up and properly follow their time blocking schedule do generally better in sales and profitability. For those businesses that do not have a time blocking regimen in place, the businesses generally have poor financial reports and are not as lucrative.

Employees, as well, may find that without a proper time block imposed by the employer, may use excuses for not starting or completing a task. One of the most famous excuses is “I couldn’t do what was assigned to me because this came up.”

Statistics show that an interruption in work takes on average 23 minutes to get back on the task at hand and refocus. As well, the evidence shows that no one is really a good multitasker.

As a business grows, with the proper time blocking, you will find that you will be able to do more with the same allotted time. A business owner or employer will need to find time for focused solitary as well as collaborative work.

Edmonton accountant suggests that a business employer looks through every prospect of their business and time block absolutely everything. Employers need to look through and prospect marketing, recruiting, interviews, and hiring, sales, and payroll. As well, you’ll have to look through every function of the business including travel time, if you have to run out to meet clients, or need supplies for the office.

The way in which to set up a time block is to go back to and try and list all of the functions of the business. Drill into the functions and consider daily, weekly, and monthly tasks. Use four separate templates, including weeks one, two, three, and four. Lay them out on a calendar, which is the first step of any successful time blocking. On your time blocking calendar, you may put more complex, important tasks at the top and group them together.

Research shows that a person is far more productive, alert, and focused in the mornings. Focus your more complex, important tasks in the a.m, and your client meetings in the afternoon. By the time your client meetings happen in the afternoon, you have already done the heavy lifting, the work is done, and the client is generally happy.

Time blocking is not industry-specific, however, concentrate on to specific functions. Finishing tasks assigned to you, or making significant progress on the tests that you are working.

Edmonton accountant is successful because of their daily, weekly, and monthly time blocking procedures. They advise the time blocking is the most important issue for any small or large business. It is arguably the most important issue for any business owner.

You may ask what happens to business owners that do not practice proper time blocking. When looking at their financial reports, the businesses that tend not to time block are the businesses that do not show a profit, that are not of sufficient, or completely fail. Further, improper time blocking procedures tends to give employees a way out in their tasks. Often an excuse may be “I couldn’t do what was assigned to me because something more important came up.”

Stats show that an interruption in work and focus takes 23 minutes to get back at the task at hand. As well, Edmonton accountant reminds you that no one is a really good multitasker.

As a business grows, business owners will find with proper time blocking skills that they will not work to find more time in the day. However, they will be to find time for more focused solitary as well as collaborative work for themselves and their employees.

Edmonton accountant suggests, whether it be a small or large business, to time block everything. A business owner should look through all of the functions of that business, and write them down on a yearly calendar. Use for templates to fill out your yearly calendar. For example, week one, two, three, and four. Drill into the main functions of that business which are usually daily weekly and monthly functions. If you do so, says Edmonton accountant, you will find the you have more time for marketing, recruiting, interviewing, and hiring, payroll, sales, etc. Further, don’t forget as if you have to leave the office and travel to meet clients, by supplies for the office, etc. Without proper time blocking, you will lose hours in the day with your travel time.

Your more complex, important tasks should be at the top of your time block calendar. Edmonton accountant also reminds you that people are more effective in the mornings. Do all of that your heavy lifting in the mornings, I had of your client meetings. Now that all of the morning heavy lifting is done, your clients will be happier and see that the work is being done on their behalf.

Time blocking is not industry-specific, however two things are constants. A business should focus on finishing tasks as well as making significant progress on the task at hand.

Life happens in emergencies do come up. With proper time blocking you can account for these emergencies and not lose any productivity. Discipline scheduling also equals maximum free time. With proper time blocking, if you close your business for the day, you can actually know that the business is in fact closed, yet everything is taken care of.

You need to shift your mindset although that will be the thing that sets you free.