What is the importance of time management?

Time management is critical in any business, but especially if you are working from home, you can very quickly find that the working day is at an end and little has been achieved.

For this very reason, it is helpful to employ some time management strategies to maximize your time effectively.

Below are a few tips which will hopefully help you manage your time a little better.
1.Keeping your workspace organized is a good place to start. It will reduce the amount of time spent looking for papers, staplers, calculators, etc. on a cluttered desk or workstation.

2. Take a tip from this expert in Small business accounting: prioritize and deal with the most emergent work first. Each morning it can be helpful to make a list of the day’s activities, this way your work can prioritized. If time becomes short, then less important tasks can set aside, and the more important ones can given priority.

3. Start off with a short list of the most important things that need completing that day. This is good time management practice, as this way when you have completed the tasks on top of the list, you can always add new activities. This works better than starting with a long list and feeling that you have not achieved much at the end of the day.

4. Once you have written your list, you need to decide how much time you will allocate to each task you need to do that day. Decide what you want to accomplish and be aware that some jobs are bigger than others and will require more time allocating to them. Setting a time limit for each task is a good idea.

5.Time management also involves deciding how much of the day you will use for leisure activities. Taking some time to yourself to can make you more productive when you are working. You can also use your leisure time as a focus to motivate you to finish your job.

6.Make better decisions: Ever felt so rushed and overwhelmed that you’ve made a rash decision that wasn’t the right move? With more time, a manager will be able to spend more time making decisions, thinking them through thoroughly and carefully while giving them the time they deserve. A wrong decision might create a messy situation, which – you’ve guessed it – will take yet more time to fix afterward.

7.More quality work: Less time will mean that projects get less attention. This could lead to mistakes being made, which will need to be rectified afterward anyway. More time spent on a project will mean a higher quality project, a better level of work and more satisfied customers or clients.

8.Provide more support to your staff: One way to free up your time is to take the time to train and delegate to others, meaning that they can take the load off. The free time saved can then be used to help them with any problems that they encounter. Taking the time to help your staff will not only lead to an improved level of work but an increase in their productivity, appreciation, loyalty and overall satisfaction.

9.Increased flexibility: Deadlines change, priorities shift… Someone who is already snowed under with work will struggle to react accordingly.

10.Get more done (that matters): One of the hardest things for a manager to do is to know what to delegate and what to keep. The first step is in having the trust to give someone an important task – try it, and you may be surprised with the result. However, some things can’t (or just shouldn’t) be delegated, so keep hold of the important stuff and charge the rest. This will give you more time to do the most important tasks in the business.

There is no doubt that working from home can be a challenge and manage your time effectively can be a great help in organizing your day and increasing productivity.