Creating time for business owners and directors
63% of business owners and directors work more than 50 hours every week. Often we see this because too much time is spent dealing with emails, customers and employees (lack of functionality).
Why is functionality important?
Businesses leaders who spend 60-80% of their time working on activities that create growth and increase asset value create more valuable enterprises.
Therefore we have created this this calculator to provide a quick illustration of how easily you can change your focus.
It works by using functionality which is broken down into 3 areas:
Revenue – revenue generating activities that include sales, marketing and customer management.
Infrastructure – 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 DOWNLOAD this template diary to complete for at least 2 weeks.