Organizational & productivity tips from experienced business owners

In creating our small business education for Canadians, experienced entrepreneurs expressed to us how quickly they figured out the importance of being well-organized. Here are some of their tips to help make sure everything gets taken care of.

Organizational & productivity tips from experienced business owners

  • Schedule some time to be productive. Set up some time once per week – let’s say every Thursday from 10am to noon – where you don’t accept calls, emails or any other distractions. You’ll be surprised how much you can accomplish in these few hours without any interruptions.
  • Organize your office and desk area at least once per week. Set a specific, scheduled time for this – such as Friday afternoons before leaving for the weekend, or Monday mornings as soon as you get in. If there’s a certain time when business is slow – say Wednesday afternoons between 1 and 2, choose that time to get yourself organized. Clear your desk, send your mail, get rid of your flyers and junk mail, shred the documents in your recycle bin, file the pile of papers on your desk – you’ll be able to think much more clearly with all of this stuff out of the way.
  • Know your weekly tasks that are vital. You’ll soon learn which tasks are absolutely necessary to keep up with and have completed by the end of each week. Realize how much time these things will take you to get through, and schedule your coffee dates and meetings around them.
  • Constantly back up your hard work. Get an external hard drive and set it up with your computer so that your files are automatically backed up overnight or over the weekends. This should be done once a week.
  • Plan a time period each day to return calls and emails. It would probably be best to schedule this sometime during your afternoons if possible, so that you’re able to catch all of the emails and calls from that day. This way, you won’t forget to return any important or urgent messages. If you set aside a specific time each day, you’ll have more brain space for other tasks that you have to accomplish without being interrupted. Don’t be afraid to let your voicemail or email inbox do its job!
  • Get a handle on your regular financial tasks. If you don’t have an administrative assistant or someone who handles your bills and finances, make sure that you set up a routine time for this task as well.
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How to stay organized when working from home

How to stay organized when working from home

Working from home is appealing to many entrepreneurs for its flexibility and potential cost savings. However, staying on top of your work can be difficult when you’re away from a traditional workplace. Here are some tips for keeping yourself organized when you work from home.

Have a dedicated home office space

Many home-based entrepreneurs love being able to work in a non-traditional environment. You can host an onboarding call from your couch or create your handmade jewelry at your kitchen table. However, having a dedicated office space can go miles in helping your small business succeed. Find an area in your home – it doesn’t have to be large – and keep all your files and supplies there. This will ensure you’re not scrambling for a contract in three months’ time. If you hold meetings with clients in your home office, this space will hold a larger importance and should look professional.

This area can also play a part in tax deductions for home-base businesses.

Stay on a schedule

Working from home often gives you a flexible schedule. However, there should be a schedule of some kind. Review your non-work plans and write them out, allowing for things like transportation time and traffic. Consider how these plans will fit in with your upcoming projects and deadlines, and reference this schedule often. Making sure you actually have enough time in your week will mean you’re not pulling all-nighters two days before your next deadline or deliverable. And most importantly – leave your work behind at the end of the day wherever possible! It can be tempting to keep working when you don’t actually need to, but try and stay mindful of it.

Keep on top of your filing

It’s a good idea to have a dedicated home office space, but you should definitely invest in keeping your space clutter-free and organized. Set aside regular chunks of time to review your files. Recycle, scan, or shred the items you don’t need anymore. And don’t forget about your digital clutter, too! There’s nothing more satisfying than seeing your computer files arranged neatly in proper, easy-to-find folders.

Make sure you hang on to these important accounting records.

Minimize distractions

Being able to stay focused and will keep you on top of things and prevent your task list from going off the rails. Try to avoid having any kids in your home treat your home office like their play room, for example, and set limits with friends or neighbours who want to call or drop by “just for a minute” if you’re in the middle of a project.

Find organizational aids in software

Whatever your small business, there’s sure to be a program that can help you stay organized. For example, at GoForth we use Slack for messaging and calls, and Dropbox for file sharing. Ask your friends or colleagues what they like, and do your research before downloading anything (especially if it sounds too good to be true)!

If you’re running a virtual business with remote workers, check out our tips on how to manage a virtual office.

Also, read some working from home tips from real entrepreneurs!

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Tools to help entrepreneurs stay productive

small business productivityThe ability to handle multiple demands for many hours a day, most days of the week, requires a commitment by a small business owner to invest in products and systems that will enhance their own productivity.

There are many products and services available that claim to make our lives easier and more efficient. Here are some of them. Do some research to decide what’s right for you and your business:

  • ActiveWords – Saves time in daily Windows tasks.
  • Dragon NaturallySpeaking – Speech recognition software.
  • GTD (Getting Things Done) Methodology – A work-life management system by David Allen.
  • OneNote – Digital note-taking app.
  • TheBrain – Mind mapping software that helps you map key thoughts, ideas and concept relationship to one another.
  • Snagit – Capture, edit and share exactly what you see on a website.
  • ThumbsPlus – Find and maintain graphics, clip art, fonts and animation files.
  • inFlow Inventory – A free inventory management system that allows 100 customers and products, unlimited numbers of sales orders and purchase orders, printable/exportable documents, customer information tracking, sales quotation issues, customer returns, stock levels, eight different business reports as well as online forum support.

Do you have any productivity resources to share? Let us know!

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How to organize your small business for the end of the year

small business organizationAnother year is drawing to a close, and whether this means a busy or slow time for your small business, it’s important to get properly organized for the end of the year. It won’t be long until we’re ringing in the new year – what kind of shape will your business be in?

The holiday season is actually a great time to get organized. We’re all in a New Year’s Resolution mindset, so it’s an ideal time to close out this year and to plan, strategically and financially, for what’s coming next.

Check out our list of simple things you can do to wind down your year properly, and get set for 2017.

Get your financial records in order for 2016

Your accountant or bookkeeper will love you forever if you present well-organized and documented files and records soon after your fiscal year end. Sounds like a headache, but the “shoebox” method of filing receipts just doesn’t cut it.

Here are five things you can take care of between holiday festivities:

1. Update your payroll records, report all 2016 paycheques on T4 slips, and make sure all your other deductions are in order.

2. Organize your accounting files, records and receipts to get ready for income tax season. This includes completing inventory records and putting expense receipts into categories sorted by month.

3. Streamline your contacts list – remove old contacts and duplicate records, and update current contacts in your professional networks.

4. Update your personal productivity and technology tools – download updates and templates and make sure your current apps are still working for you.

5. Create a to-do list for the first week of January and make appointments now with key advisors, especially your bookkeeper and accountant – before they get booked up.

Hit the ground running in 2017

Winter can be a slow time for many businesses. However, using this downtime to prepare your business for what lies ahead will help you start start 2017 refreshed, prepared and ready for anything.

Here are five more things you can do:

1. Review your 2016 business goals. What worked well and what didn’t? In 2017, do more of what worked in 2016, and refine the things that didn’t.

2. Develop a strategic plan – a roadmap for getting from point A to point B. If you don’t have a strategic plan, create one – and follow it. We’ve got a free one-page business plan template you can download at our website.

3. Take a close look at your marketing, human resources management, financing and operations. Is there anything you could do better?Get working on some ideas to become more effective.

4. Read up on new ways social media can help promote your business. Read some business blogs or tweets as a first step, and find which tools will work best for your business.

5. Clean up your files! Delete old files. Get rid of spam emails. Back up your business records onto a disc, memory stick, cloud server or hire a company to do it for you on a regular basis. Set up a good online file folder system so you don’t have to scroll through three months of emails to find something your accountant wants.

Have questions about year-end preparation? Ask a GoForth Expert online any time. Not only will your question be answered by one of our experts, but we’ll post it on our website too. You’ll be helping other entrepreneurs who may be wondering the same thing. How charitable of you – perfect for the holiday season!

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