6 Ways Founders Can Streamline Productivity at Work

May 31, 2017

9:15 am

Each day, your day is filled with administrative tasks that can turn out to be a huge time suck. If you have any chance of maintaining your productivity throughout the day, you have to figure out ways to streamline these necessary duties.

We asked six entrepreneurs how they save time and streamline their daily to do list and focus more on the bigger tasks of building a business. Check out their answers below:

Accounting and Bookeeping

It’s a common mistake to assume you have to do everything in-house. When it comes to finance and bookkeeping, there are so many great tools and resources out there that take the burden off of your plate. Companies such a Botkeeper, which is an AI based bookkeeping automation tool and Paro, which is an outsourced financial service company, can help.

– Ryan O’Connell of Boomn Agency

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Customer Service Relations

Customer service has always been a sore spot for my business. I spend so much of my time speaking with customers who have small complaints, I don’t have much time to work on my core business. Now I have decided to outsource my customer service efforts and work on the core features.

– Ajmal Saleem of Suprex Learning

Menial, Everyday Tasks

When you come across tasks that consume a lot of time and energy, consider programming a script to automate aspects your process. Menial tasks, especially ones that need to be repeated, can drain your team’s energy. By streamlining these tasks, or aspects of them, you can focus on applying strategy and creativity. Look for opportunities to develop scripts. Tip: Perl is a great scripting language.

– Ryan Meghdies of Tastic Marketing

Taxes and Business Budget

Nobody really likes doing taxes or handling financial matters. But the problem is, if you’re an entrepreneur, you need to. What a lot of founders don’t actually realize is that streamlining – and even automating – their budget is a lot simpler than they realize. There’s a ton of accounting software out there that makes money management a breeze. For example, QuickBooks is one of my personal favorites.

– Steven Buchwald of Buchwald & Associates

Financial Forecasting

We’re conditioned to be private about our finances, but the reality is many entrepreneurs (myself included) are not finance whizzes. At our company we have a part-timer who handles our invoicing, payables and other related tasks. Then, we have a consultant to handle our financial projections and provide insight and counsel to help us balance investing in growth and growing cash reserves.

– Brandon Pindulic of OpGen Media

Team Meetings

Our company culture is collaborative at its core, which can often lead to inefficient meetings unless we commit to standard practices that allow us to be productive without burning too much resource time. Most importantly, we set agendas that clearly define the scope of our conversations so that people can prepare their thoughts prior and document all important feedback during the meeting.

– Justin Moodley of Lasanan Strategy

Read more tips on how to streamline your daily duties at Tech.Co

This article is courtesy of BusinessCollective, featuring thought leadership content by ambitious young entrepreneurs, executives & small business owners.

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