
With many small business owners taking on the responsibilities of multiple roles within their organisations – be that HR, accounting, marketing or IT – time is often in short supply in the SME world. In fact, our research shows that the average small business owner spends an incredible third of their working week carrying out administrative duties, with almost a quarter of these entrepreneurs taking tasks home to complete.
While it isn’t the most glamorous part of running a business, admin is essential to making sure your business runs effectively. But with the breadth of technologies and resources now available, there are ways that the process could be made more streamline and efficient, allowing business owners to focus on growing their client base and offering. Here are three top tips to help owners better manage their admin:Maximise dead time
Remember, there’s an app for that
Time is a precious commodity
Time is valued at an average of £93 an hour among small business owners, according to our research – so while entrepreneurs shouldn’t neglect their administrative duties, it’s important that they simplify and streamline their activities to allow them to dedicate more time expanding and developing their business. Ultimately, it’s those that make more time to lead their organisations from the front than bring up the rear that will be best placed to compete not only with other SMEs, but with larger and even international rivals.Share this story