Improving the efficiency of your business

Improving the efficiency of your business


As a business owner, making the most of your day to optimise productivity is crucial to your success. The most efficient businesses are those that can create more with less and are driven by highly motivated employees and inspiring leaders. To maximise efficiency within your business, it is necessary to understand the importance of time management, organisation, and managing resources.

Tackle the hardest things first:
Ticking off the jobs that will require the most effort are usually done more effectively first thing in the morning. Also known as ‘eating the frog’, this can help you to avoid procrastination. Once you have done these tasks, all subsequent jobs will seem much more manageable, allowing you to get into a more productive workflow.

Avoid multitasking:
While trying to do many jobs at once may seem like an important skill for increasing efficiency, in reality, it may have the opposite effect. Attempting to multitask can result in lost time and reduced productivity, as you are not focusing properly on each task. Instead, consider making a habit of committing to a single job, completing it thoroughly, and then move on to the next project.

Set manageable goals:
It a common problem for business owners is not having a solid understanding of whether their employees are performing highly or not. This can be caused by a lack of achievable and motivational goals. By offering manageable deadlines for tasks to be completed, it can provide your staff with an incentive to stay on track. Giving clear direction to your employees can assist in clarifying your expectations of the business, helping to increase efficiency.

Work in intervals:
Rather than working in large blocks of time that can be mentally exhausting, try to work in short intervals instead. Studies have suggested that this can be effective in boosting concentration and overall productivity. Encourage your staff to take regular breaks. This will benefit your business, as everyone will be able to work at higher levels of creativity, quality and skill.

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If you believe the matters discussed above are relevant to your business, please contact Darren Smith of our office to discuss further.


Darren is a Chartered Accountant with extensive experience, including working in the big 4 and medium sized firms before becoming a partner of a city based firm in 2000.

He has gained much experience and has extensive knowledge in providing business and taxation advice, superannuation planning, negotiation of sales and acquisitions of businesses and property development. His client base covers a wide range of industry groups.

Darren works with business owners to grow their businesses and create personal wealth within and outside of their business.


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