Business Owner Time Management Tool
Creating time for business owners and directors
63% of business owners and directors work more than 50 hours every week. Often spending too much time dealing with emails, customers and employees (time spent on the wrong tasks).
Why is time important?
Businesses leaders who spend 60-80% of their time working on activities that create growth and increase asset value create more valuable companies.
Those who spend more than 40% of their time working in the business (day to day activities) find the company cannot run without them. This creates key person risk and impacts the ability of businesses to grow and be sold.
More importantly, these long hours touch the lives of those closest to you.
Spend less time stressing at the office and more with those you love.
We have created this calculator to provide an illustration of what you can change.
It works by breaking your daily activities into 3 areas:
Income – revenue generating activities that include sales, marketing and customer management.
Expenditure – background administration including finance, IT, operations and employee management.
Strategic – spending time actually growing the business i.e building strategy and asset value.
If you are unsure how you split your time then you should complete a diary for at least 2 weeks.
Business owner time management, what next?
If you want to increase the amount of time you spend growing your business. Whilst reducing the total number of hours you are working then get in touch via email, call 01273 483 438, or: