3 Tips for Small Business Owners Who Hate Administration
Remaining organized is crucial to the success of small business owners. It can be difficult, especially if you have very little business expertise. But don’t fret, it is something that can be acquired if you’re willing to get organized and become truly successful.
1. Workspace organization
The first thing you should consider is how functional is your workspace. Designating a main area to work in and planning a storage system, for important papers and files, will make your life so much easier.
If you work from home, choose an area where you can work uninterrupted in a quiet area to get away from family obligations, and is private enough to work with clients. If available, a spare bedroom makes the perfect office. Even designating a certain area within the kitchen may work just as well.
Once your workspace is set up with a desk, computer and all other peripheral devices, the next step is thinking about how to keep track of your sales and business expenses. There is a vast array of good accounting software made especially for small business owners or the entrepreneurs. Using the Internet to search for the right software can be your number one resource when looking for what is right for your needs. If you do have the funds available, hire a professional accountant or bookkeeping firm to make your life easier. Managing your cash flow is crucial for success, and remember it will also take away monies that you need to grow and expand in the early stages of development. So be wise.
Remember, the basic knowledge about accounting and its overview can be found on the Internet, but if you want to maintain control and learn the important aspects of accounting then try using QuickBooks for your business.
3. Phone System
After you’ve setup your workspace, decided upon your bookkeeping system, then you must have a system in place to stay in touch with your customers and vendors. Use your home phone or your cell phone, or Internet phone system. Getting the right phone system is critical. If most of your clients are local, then long distance calling may not be important.
But if you make a lot of long distance phone calls, then at some point you may want to consider some type of VoIP type of system, which give you much lower long distance rates without using your cell phone minutes.
Staying organized can save you time and energy. Using certain helpful tools and applications can make your business run smoother.
Doing things to keep you from running around in circles takes a little bit of effort, but building a successful business is worth it. Isn’t it?