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Parra News January 20 2024

January 30 2024 edition of Parra News.

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BUSINESS<br />

WITH HANNAH STACK •<br />

WESTERN SYDNEY BUSINESS CENTRE • 4721 5011<br />

Kick-off <strong>20</strong>24 with time management<br />

strategies for small business owners<br />

It’s easy to feel overwhelmed if you’re<br />

running your small business alone. But<br />

with the right time management strategies,<br />

you can take control of your schedule<br />

and focus on your long-term business goals!<br />

Here are some tips to help you get there.<br />

Understanding the value of time<br />

Time is a non-renewable resource, especially<br />

for small business owners. Every<br />

minute counts, and how you use your time<br />

can significantly impact your business’<br />

success. Time management is more than<br />

getting things done in less time – it’s about<br />

ensuring you’re working on the right things<br />

at the right time.<br />

Tip 1: Prioritise your tasks with the<br />

Eisenhower Box<br />

The Eisenhower Box is a simple yet effective<br />

method to categorise tasks. It divides<br />

them into four categories:<br />

• Urgent and important (do these immediately).<br />

• Important, but not urgent (schedule<br />

these).<br />

• Urgent, but not important (delegate<br />

these).<br />

• Neither urgent nor important (eliminate<br />

these).<br />

This method helps you focus on what truly<br />

matters, ensuring you’re not wasting time on<br />

less impactful activities.<br />

Tip 2: Plan your day thoughtfully<br />

Start each day with a clear plan. Allocate<br />

specific times for different tasks, considering<br />

when you’re most productive. For instance,<br />

if you’re a morning person, schedule your<br />

most challenging tasks for the morning.<br />

This structured approach not only enhances<br />

focus but also helps in achieving a balanced<br />

workflow throughout the day.<br />

Tip 3: Break down large projects into<br />

smaller steps<br />

Tackling a big project can be daunting.<br />

Break it down into smaller, more manageable<br />

tasks. Here’s a simple approach to<br />

managing your tasks:<br />

• Outline the main goals of a project.<br />

• List the steps needed to achieve these<br />

goals.<br />

• Assign deadlines to each step to keep<br />

track of progress.<br />

Tip 4: Minimise distractions<br />

Identify what typically distracts you and<br />

find ways to minimise these interruptions.<br />

This might mean setting specific times<br />

to check emails or using apps to block<br />

social media during work hours. A focused<br />

environment is essential to enhance your<br />

productivity and get your creative juices out!<br />

Tip 5: Delegate and outsource to a<br />

marketing consultant<br />

Consider outsourcing tasks like marketing<br />

to a consultant. A marketing consultant can<br />

bring big business thinking to your small<br />

business, offering tailored strategies without<br />

the need for a large team. This approach not<br />

only saves you time but also brings expert<br />

knowledge without breaking the bank.<br />

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Tuesday, <strong>January</strong> 30, <strong>20</strong>24 « parra news 15

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