siding options cement board siding kildeer replace siding hardie siding harvard soffit installation lincolnshire .. Chicago Drug testing

Do You Put a Value on Your Time?

As a small business owner, does the following paragraph sound familiar to you??

"Other than doing the technical 'fix-its' with my computer?I do it all! I have found that this keeps me very limited in growing my business and taking on new clients. I wish I had someone to help but how can I justify hiring someone when I can do the work myself?when I have the time?"

This is a very common issue for many small business owners. All the work, whether revenue generating or not, needs to be done to keep the business running smoothly.

We need to reconnect with our goals for our business and our vision for its future. We need to focus on why we started this business in the first place. Focusing includes deciding how much our time is worth.

But, how do you put a value on your time? How much is each hour of each day worth, especially when you are doing projects that are not generating revenue or increasing your customer base?

Is your time worth $25, $50, $100 per hour?.or more? When you get busy doing those tasks that don't directly generate revenue, consider how much it is costing you.

For example:

You charge $75 per hour for your services/time. You spend a total of 5 hours trying to catch up on your correspondence?entering information into a database, typing and re-typing your letters and preparing them to be mailed.

$75/hr X 5 hours = $375.00 of your valuable time and profit

If it would cost you less to outsource, why not do it? Why not allow a professional to handle some of your tasks leaving you with more time to generate revenue?

$25/hr (sample cost to outsource) X 5 hours = $125.00

$375 - $125 = $250 + the $ of the contract you signed while a professional took care of the non-revenue generating tasks.

Although you are spending some of your hard earned money, you are gaining so much more. Outsourcing gives you professional assistance, which in turn saves you both time and money...the two things that most small business owners need more of.

About The Author

Janice Byer is a certified Master Virtual Assistant and owner of Docu-Type Administrative & Web Design Services (http://www.docutype.net). See this and other articles on her website; jbyer@docutype.net

In The News:

Scheduling Productive Days - Dont Interrupt, Im Pouring Concrete

Almost everyone in business knows the balancing act between the... Read More

Giving Up the Cape

"I find it interesting that the very cape I tried... Read More

Reading -- 10 Ways to Find The Time

Why Read?It's been said that there are three kinds of... Read More

Are You Watching Too Much TV?

Many folks tell me that they just don't have time... Read More

How Are You Viewing Your Time?

In working with and coaching people across the country, one... Read More

Todays Overload: Tommorrow

Whatever providence has in store for us tomorrow is not... Read More

Overcoming Procrastination

Procrastination, the habit of putting tasks off to the last... Read More

More Time Wanted? Deal with Your Time-wasters Now!

Ever feel that you spend too much time shoring up... Read More

What Would Save You Time?

We all get overwhelmed from time to time, and sometimes... Read More

Work Smarter Not Harder

To work smarter all you need is the consciousness of... Read More

21 Questions To Assess Your Readiness For Time Management

How many of us are guilty of "Putting the cart... Read More

Time Mastery vs. Time Management - Knowing the Difference

How much time do you spend on Mastering Your Time?... Read More

Prioritize with Two Questions

"Because there will always be something more to do, we... Read More

Creating A Not-To-Do List

When I sit down with a client to work on... Read More

Winning The Fight Between You And The Clock

"Slaves to the clock" was the cover story in the... Read More

Focus on One Thing at a Time to Get the Job Done

All too often we can feel overwhelmed by the amount... Read More

What To Do When Youre Short On Time And Long On Need!

Everyday life can present us with opportunities to make us... Read More

Making Headway on a Slow Day: 9 Ways to Turn Down-Time into Productivity Time

If you work from home, you know the kind of... Read More

Time Management: How to Make Your Meetings More Productive

In most organizations, meetings are often the biggest time-wasters. With... Read More

Hey, Free Agent, Did You Eat Your Breakfast Today?

And when you finally sat down to eat breakfast, was... Read More

How to Minimize Trips to the Grocery Store

Still awaiting the birth of my baby (I am overdue),... Read More

A Time-Saving Programming Tactic that Doesn?t Work

Let's say that you have a software project that's under... Read More

9 Proven Principles for Increasing Productivity, Profit and Peace of Mind

Do you feel guilty about all the publications you purchase... Read More

Beyond Time Management ? Seven Ways to Leverage Your Time for Greater Results

Most of us have a to-do list ? some of... Read More

Time Is Everything

Time is wealth;Time is health; Time is power; Time is... Read More

induction cobra head led manufacturers usa Pete's produce ..
induction cobra head led manufacturers usa Pete's produce ..