Last Updated on December 20, 2022 by Treana Wunsch
Are you spending too much time working IN the daily operations of your business and not enough time working ON small business development?
Many people believe that if they are just working all the time, they will succeed. This is wrong. In fact, many small business owners are spending too much time on the frontend and not enough time on the backend of their business. This can cause your small business to fail.
In other words, if you want to make more money in your business then you need to spend less time doing administrative work and more time working on small business development. It is very important to make sure that you are working on your small business development every day, even if it is just for an hour or two a day. If you don’t work on your small business development then it will eventually grow stagnant and stop growing.
There are a few things you can do to help your small business grow, such as creating new products or services, expanding into new markets, and increasing the amount of revenue you generate. By doing these things, you’ll ensure that your business keeps moving forward and doesn’t stagnate.
Set Realistic Goals
Commit to a regular schedule
I have a sit/stand desk but if you’re sitting all day, set a timer to remind you to get up every hour and walk around and stretch for a couple of minutes. This will help you to be more focused when you get back to your desk, which will help you accomplish your tasks more effectively.
Choose a time management system
Some people love to write everything down the last thing in the evening or first thing in the morning, and others prefer to jot down their ideas as they go. Some prioritize tasks based on urgency, while others like to assign a high priority to the most important items first. Try to find what works for you, and use it.
Set aside time for creativity
According to studies, people who try to set aside a block of time each day for creativity are more likely to be successful than those who don’t. P
Remove unnecessary tasks, processes, tools and systems
Do an audit of your business to determine what needs to stay and what can go. You will save a lot of wasted time in the long run so you have more time to spend on your small business development. Check out my article on decluttering your business for more tips on this.
Now more than ever, businesses need to have specific goals in order to grow. Without goals, businesses can drift and become unproductive. When setting goals, you need to be specific. If you are vague about what your goal is, it will be difficult for you to reach it. You will waste energy on things that are not important, and you may never be able to scale your business.
Without goals, you have no clear destination in your small business development.
It’s easy to underestimate the importance of planning when you’re managing a small business. In fact, without careful planning, your business could quickly spiral out of control. Writing a business plan, even if you don’t require funding is the best way to organize and document your thoughts and research.
I’m developing a business plan writing guide for beginners to walk you through the process. If you’d like to know when it is available, sign up for updates below.
Business Plan Writing for Beginners
Setting Up Systems
Time is precious in any business, but especially in a small one. By managing systems and processes carefully, businesses can save time and resources that can be put to better use.
A system for tracking income and expenses
A system for organizing your files
A system for keeping track of customer information
A system for marketing your small business
A system for delegating work
A system for keeping track of supplies and inventory
Having these systems in place will go a long way towards saving time so you can focus on your small business development.