Business is all about managing your time and being as productive as possible. With that being said, certain common issues cause you to waste time, slowing down your company. Well, here are a few of those issues, and some advice on how you can waste less time and speed your business up.
1. Commuting To Work
If there’s one thing owning a business will teach you, it’s that there aren’t enough hours in the day! As a result, you’re keen to make as much out of the day as possible. So, early starts are a key thing for you. It’s crucial you have everyone in work turning up on time so you can get started right away. But, the commute to work can be long and tricky for some people, meaning most of your office turns up late. You lose out on valuable time, which you struggle to make up during the day. There are two main solutions here; work from home or find a business location that’s easy to get to. Working from home can be more cost effective, but if you need a proper office then look for one close to public transport systems to make life easier for everyone. Now, people shouldn’t be late, and you can get a head start on the day and waste less time.
2. Paying Employees
Regardless of whether you’ve got one employee or a hundred, they still need to be paid the right amount, at the right time. A lot of businesses struggle with this task as they don’t have a proper system in place. More specifically, they try and manually pay everyone, which can take a long time and be a bit of a waste. Instead, you can speed up the process with good bookkeeping. A bookkeeper can help set up a payroll system that automatically makes payments every week, month – whenever you require. All your employees get paid on time, and you don’t have to take any time out of your day to do anything.
3. Conducting Meetings
Some people think meetings are an essential part of running a business the right way. They swear by them and will hold a meeting every morning to ensure all employees are on the same page. As you can imagine, this takes time away from actual working hours. In reality, not much can be said in a meeting that can’t be said in an email. Email employees before they get to work and they can check it in their spare time – possibly even the night before. You’ll save a lot of time and still ensure everyone is on the same page. You could also schedule a meeting once a month to properly assess your business progress with your employees. It’s far better than having one every day or even every week.
All it takes is a few easy changes, and you can waste less time on these issues. Seeing as they’re things that occur regularly, they can amount to a lot of time being wasted over the course of a few month. Save this time, be more productive, and watch your business flourish.