Top 5 Time Management Strategies for Home Business Owners

By Randall Orser | Small Business

&nbsp
business hand hold light bulb and business processIf you work in an office setting, your company and your boss largely dictate your work schedule. But, if you work at home, there is no one to give you deadlines or to tell you when you should start working. But then, you’ve got endless distractions to take your attention away from your work. Unless you’re extremely disciplined, you’ll find it difficult to accomplish a lot of work in a home environment. For this reason, it’s essential to learn some time management strategies so you can maximize your home-based business earnings. After all, your profitability depends on your productivity.

Create A Regular Work Schedule

One of the best ways to manage your time and stay organized is to work at approximately the same hours each day. Don’t just work whenever you feel like it. Instead, figure out the time of day when you’re most productive and schedule the bulk of your workload for that particular time. For most home business owners, this is the time when the house is most quiet and peaceful, such as when the kids are away at school or late at night when everyone is already sleeping. Observe your own work productivity and figure out the best hours for you.

Plan Your Work Day Around Your Regular Routine

Most home-based workers, especially work-at-home moms, have a lot of daily chores to do in addition to their workload. You may have to cook food for your family, bring the children to school, run errands, and so on. Instead of getting up from your work several times a day to do these chores, what you can do is to schedule these chores together in one or two time blocks during the day. This will allow you to work continuously on your business projects, ultimately increasing your productivity.

Stay Away from Potential Distractions

To do this, you first have to figure out what distracts you. For many work-at-home parents, unfinished housework is at the top of the list. However, if you’ve already set a schedule for such chores, all you have to do is ignore those unwashed dishes or unfolded laundry until it’s actually time to do them. Another popular distraction that home-based workers face is the Internet. You may tell yourself that you’ll check your email for just five minutes but before you know it, you’ve wasted two hours of your work time playing online games, chatting with friends, and checking various social networking sites. If you know you’re prone to being distracted by these sites, block them, at least during the times when you’re supposed to be working.

Don‘t Take Personal Calls During Your Working Hours

If you work in a regular office, would you entertain phone calls from friends who simply want to chat? Most likely not. The same should be true if you’re working from home. Let your friends and relatives know your working schedule and don’t entertain any non-urgent personal calls during these hours. Make them understand that it’s important that you not be interrupted while you work. Just because you’re working from home doesn’t mean you’re now available for them to chat whenever they call.

Remember, Time is Money

In a home-based business, the size of your income is usually directly proportional to the time you spend working. In other words, the more you work, the more you earn. Keep this in mind and you’ll be more motivated to focus on your work instead of procrastinating and spending your time elsewhere.

About the Author

Bookkeeper Extraordinaire
Number Crunchers® Financial Services

Learn how to just say stuff it to this bookkeeping thing with our ‘Just Say: “Stuff It” To Bookkeeping program.