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 Accounting Firm | Time Blocking Can Make or Break a Business

According to Edmonton accounting firm, you will never go wrong with the proper time blocking system implemented in your business. In fact, the most important issue for any small, medium, or large business is in fact time blocking is the essence of a business.

What happens to business owners that don’t adopt a proper time blocking system is they will lose clients, they will not have enough time to do what needs to be done during the day today, their customers and employees are less happy, and ultimately you lose business.

on the contrary, businesses or do implement a regimented, specific, and proper time blocking system see an influx in business and revenue, more and happier clients, and better relations with their employees. These are the businesses that will just be far more efficient.

Statistics show an alarming loss of 23 minutes when an interruption happens when one is focusing on a task. Further to that, it is proven that no one is really a good multitasker.

Edmonton accounting firm suggests that, as a business grows, owners will need to think about and implement more time for focused, solitary work as well as collaborative, group work.

Owners often ask the kinds of things that they might have to time block. Edmonton accounting firm suggests they take a deep look into their business and time block everything. You will need to look into aspects of your business such as recruiting, hiring, training, payroll, sales, etc. Further to this, don’t forget to include travel time for your salespeople to meet with their clients, as well as for yourself as you attempt to maintain a brick-and-mortar business.

Have your yearly calendar ready with a piece of paper beside it. Draw a vertical bar down the centre of the white piece of paper. The more complex, important tasks should be grouped near the top of the page. As well, use for separate and equal templates, we can one, week two, week three, and week four. The most important, pressing tasks should be grouped at the very beginning of the page to be done first. The tasks that are more complex and difficult, with deadlines should be grouped further down the page.

As well, Edmonton accounting firm suggests that you pre-populate calendar year in advance. Ultimately, should be working toward a schedule where you deviate only once or twice a year. If this properly done. You will find that you have ample time for such life emergencies as a car accident, jury duty, a birth, death, a vacation, doctors appointments, etc.

Make sure that you are aware of the two items that affect projections or than every other consideration to businesses. These are their marketing initiatives. Keep in mind you have to have a lead. And we have to understand what the business owner schedule looks like as well. The business owners must understand that if they have the leads coming in, and a proper time blocking system, they will have the time and their schedule for growth, to get the extra work done, then focus on follow-ups.

This may be the most important piece of information and procedure that you put in place in order to have a successful business, says Edmonton accounting firm. That implementation is a time blocking system. It can make or break a business, and is the essence of success.

The most important issue for any small, medium, or large business is in fact time blocking. Business owners who set up and keep appointments according to their time blocking system do generally better when Edmonton accounting firm looks at their financial reports. These are the businesses that have happier employees, more customers, and generate better revenue.

On the contrary, businesses who do not implement strategic and specific time blocking system, warns Edmonton accounting firm, will lose revenue, will have dissatisfied employees, will lose customers, and will ultimately fail.

So, what kind of things do you need to time block? Edmonton accounting firm suggests you time block everything from within your business. You need to look through what are all the functions of your business, for example, marketing and advertising, interviews, hiring, and training, payroll, sales, etc. Keep in mind, too, that one must look at travel time for their salespeople as well as for the people that keep the brick-and-mortar business running, i.e. errands.

How do you set up a proper and specific time blocking system? Take a yearly calendar, along with a blank piece of paper. On that paper, draw a line down the middle. Include on that piece of paper the daily, weekly, and monthly functions of the business, sub categorize your piece of paper into for templates, week one, week two, week three, and week four. Include your most important and pressing tasks the top of the page, and the less importance less frequent tasks at the bottom of the page.

Further, do all of your tasks in the morning, as people are far more productive and efficient for lunch. Make all of your client appointments in the afternoons. That way the client will be happy that all of their work done on their behalf has Artie been done in the morning.

The time blocking is not industry-specific however has two main points. These are to finish tasks that you have potentially started looking at and making significant progress on tasks with a deadline.

As mentioned, make sure you have a yearly calendar. Pre-populate that calendar as best as you can leaving only one or two deviations for such emergencies as car accident, jury duty, a birth, death, doctors appointments, etc.

An assurance that a discipline schedule equals maximum free time at the end of the day, when you close your business for the day you can actually know that the business is in fact close and everything is done taking care of.