Small Business Management Tips That’ll Save You  Headaches

Separate Your Personal & Business Finances

Let’s say for some reason setting up a legal entity isn’t an option.Or for some reason your paperwork is being held up, but you just can’t wait to get cracking on your business.

Pay for Accounting Software

A lot of brand-new business owners—especially those who are bootstrapping—are constantly looking for ways to save money.

Invest in Your Education

Heart-to-heart right now: the best money I’ve spent on my business has been on my own education to further it.

Train New Employees Well

Recently I heard John and Kate (the couple behind Entrepreneur on Fire, not the reality show stars with 8 children) on a podcast talking about how when you hire someone, you should actually expect a temporary increase in work instead of immediately being able to offload responsibilities

Ignore Your Inbox the First 4 Hours of Every Day

No doubt you’ve read productivity articles that have advised you not to check your emails first thing in the morning.

 Invest in Marketing

An “Open for Business” sign on your front door and/or a website that’s finally gone live isn’t enough to get you customers.

Schedule Meetings With Yourself

As the business owner, you’ve got a ton of decisions to make,In short, we get caught up in acting like an employee to such an extent that we forget to be the boss.

Ban Multi-Tasking

Because really, who are we kidding here?So don’t let yourself or your employees multi-task.

Leave 20% of Your Day Open

If you’ll be “at the office” for five hours, only schedule four hours of work.If it’s 10 hours behind your desk, only eight hours of work.

Use the Pomodoro (Or Similar) Technique

Productivity articles and advice are a dime a dozen, I get it.But making sure you squeeze the most—and the most productive—work out of the time you’ve got is essential to meeting your goals.

Be Relentless About the 80/20 Rule

While this rule makes 100% sense in theory, it’s one of the hardest things for us to implement as small business owners.

Once You Train Your Employees, Avoid Them

Okay, I’m not talking about not helping your employees out once in a while.So set up structures that allow your employees to contact you in ways that don’t interfere with your own workday.