How much time are you spending on your business, instead of in your business?
It is important to invest some time every day to work on your business so that you can improve it and maximise your profitability.
A lot of business owners often occupy most of their time working in their business that they forget to work on their business.
Think of working on your business as an investment. For example, if you invest financially into something, you will eventually get your returns in the long run and the interest that comes with it.
The same goes for working on your business. If you invest some of your time on your business, you will see growth in your business in the areas that you worked on. When you invest that time on your business, you end up getting time back down the track.
Spend ten to twenty minutes a day to work on systems that automate some of your operations to improve efficiency and save your business more time in the long run.
Examples of working on your business can be as simple as reviewing your financial performance of your business to ensure that they are on track. It is about allocating time to have a big picture view of the business – enabling you to identify opportunities to improve profitability, cash flow, marketing, sales and other areas of the business that you don’t usually think about when you are working in your business.
Here is a to-do list for today: decide on the amount of time you are going to work on your business and make it non-negotiable. Set up a regular time for this – it may take place before lunch, or before you leave for home – and stick to it.
The key here is to put some regular time aside to work on your business so that you can get more things under control for when you’re working in the business.
P.S. Whenever you are ready here are 4 ways we can help you build and grow your business:
1) Download your copy of 3 Proven Tactics That Give You 5 Hours Back in Your Week
This totally free guide includes tips, time-savers, and expert advice on how to immediately claim back 5 hours of your time each week. Inside you’ll discover 3 proven tactics to stop time being wasted in your day so you get more done each week. To access the guide click here
2) Watch the Business Freedom Formula Video
In the video you’ll to discover the step by step blueprint we use to help small businesses create their version of business freedom. This could be simply streamlining your business so it runs more efficiently, increasing your profits so you have more choices or setting your business up so you can have time off without worrying that it is all going to fall apart. Click here now to watch
3) Book a 10 Minute Exploration Call
If you would like to explore how Biznostics can help you run and build your business, then book your 10 minute exploration call. On the call we’ll find out a little bit about your business and work out if and how we can help you. Book your call here
4) Join our Business Freedom Program
The Business Freedom Program is designed for business owners who feel stuck in the day to day running of their business and their business is not running as efficiently as they like. It helps you make your business much more profitable, much more efficient and much more enjoyable to work at. We are putting a new group together next month so if you would like to build a strong and successful business email us here with ‘Business Freedom’ in the subject line.