Three Small Business Secrets to Getting More Billable Time

As small business owners we're in business to make money doing what we love. And that means we need enough billable hours to cover our expenses, our payroll, upgrades in skills and technology, and profit. But if stay in business for any length of time, you eventually reach the point where you just don't have more hours in the day to give to your business. After all, you have a personal life too. (If you don't have a personal life, you really need to work on that.) So, if you've maxed out on the hours you have available to build your business, how can you get more billable hours?

You have to get those billable hours from time you are currently spending doing other activities in your business. Here are some ways to do that:

  • Delegate out anything you hate to do or aren't good at doing in the running of your business. For example, I hate filing and organizing all my reference materials. So I hire a professional organizer to come in once a quarter to file all the papers I've stacked up, to set up any new files I'll need, to pack up old files on inactive clients and projects, and to reorganize my 10 bookcases. She can do all that for me in 3 hours. When I was doing it myself it took me forever and it was never completed because I'd let anything else distract me from it. So, finding just the right reference book or file was not only hit-or-miss at best, it again took too much of my time. How much time can you recover by delegating out activities and tasks you don't want to do, but that have to get done to keep your business running smoothly?
  • Automate or computerize administrivia, including making regular backups of your computer disk drives. (I learned to get my backups automated after I'd lost my entire contacts database, including my appointment schedule ­ sometimes I'm hardheaded about these basic business maintenance things!) In addition to now having automated backups of my computer disks, here's a sample of what else I've automated:
    • Contact management and scheduling
    • Taking class registration and payment
    • Distributing class notes and materials
    • Taking coaching payments via the Web
    • Notification to follow-up with clients
    • Subscribing and unsubscribing to my ezine
    • Broadcasting of my ezine
    • Payment and delivery of digital products
    • Creating eClasses from templates
    • Subscriptions, payment, and delivery of eClasses
    • Tracking of billable time
    • Creating time reports
    • Invoicing
    • Expense and revenue tracking

  • Gracefully get out from under your most time-consuming and energy-draining clients and projects. I know it's difficult to say "No" to a client or a project in today's economic climate. But you can refer these clients and projects to competitors in your network who are better suited to serve them, retain the good will from the clients you are referring out, and free up all that time and energy to work with people and projects you love. Just by relieving all the stress you're under from your Clients and Projects from Hell, you make yourself open and available to more of your Ideal Clients and projects. And, have you noticed, you're more productive and efficient when you're working with your Ideal Clients and Projects?
  • Increased productivity = increased billable hours available

    Put these 3 secrets to work in your business and get back valuable and billable time for doing more of what you love for your Ideal Clients!

    Copyright 2004, Rose Hill, Inc

    _____________________________________

    Rose Hill, Founder and Owner,of Biz Whiz Expert (http://www.SoloBizVille.com) and Team Member of Solo-E.Com (http://www.Solo-E.Com) has been self-employed since 1990. Knowing how to run corporate departments and how to market corporate entities, products, and services did nothing to prepare her for successfully running and marketing a one-person business. That is why Rose created the SoloBizVille and SoloBizU community - to specifically to help solo entrepreneurs jumpstart their business success without all the trial-and-error learning.

    _____________________________________

    *********** Find more articles like this at http://www.Solo-E.com ? Keeping Solo Entrepreneurs Juiced in Business and in Life. Our team of Solo Entrepreneurs are comprised of small business experts who support others in finding business success with the flexibility and freedom to have a life, too. Network with other freelancers, self-employed and Solo Entrepreneurs in our forums, enjoy our articles and newsletter, and find other online training opportunities. ***********

    In The News:

    Ready for more PPP? Here's what you need to know.  Silicon Valley Business Journal

    Write An Effective Job Proposal

    I am simply amazed at the problems some of my... Read More

    Dispute Resolution; Competing With Other Franchisees

    If you are in a franchise and have a territory... Read More

    Small Business - Would You Still Need An Accountant If You Didnt Need A Tax Return?

    After over thirty years advising small business it still comes... Read More

    Don?t Quit Before You Get to the City!

    We were more than excited. Our women's doubles tennis team... Read More

    The Perfect Mission Statement

    One way to determine your companies mission statement is based... Read More

    The Key To Success - Choose The Right Partners

    Do you promote yourself as offering prompt, reliable and quality... Read More

    Dig Deep for Small Business Ideas Before You Start the Wrong Business

    If you're serious about wanting to start a business, the... Read More

    Freelance Tips: How to Cope with Spring Fever When Theres Work to Be Done

    We all know how glorious those first warm days of... Read More

    Are You Running Your Business or Is Your Business Running You?

    Being a small or home-based business owner can be loads... Read More

    Electronic Franchise Disclosure and E-Signature Future for Investors

    It has been discussed allowing Franchising companies to electronically disclose... Read More

    Using Excel Payroll Sheet to Make Payroll System Easier

    For the employees, payday is the brightest day; they finally... Read More

    The End -- Fireworks or Fizzle?

    Seems as though there are a lot of business closings... Read More

    Setting Up as an Electronic Repair Authorized Service Center

    If you plan to upgrade your workshop into an Authorized... Read More

    Small Business CRM Is Here To Stay

    If you ask most small business owners what priority CRM... Read More

    Boy oh Boy, The Obstructions and Obstacles

    The bad things starts with the letter 'O'?.like Obstacles, Obstruction,... Read More

    11 Benefits of Starting a House Cleaning Business

    One of the biggest fears people have about starting a... Read More

    Franchise Companies Come and Go

    Each day we hear of companies entering the franchising industry.... Read More

    Pressure Washing Graders and Tractor Motors

    When pressure washing heavy equipment each piece of equipment has... Read More

    Self Serve Car Washes in the United States

    In the 2003 Auto Laundry News Survey it was determined... Read More

    Business Checks are an Added Cost to Your Small Business - Try Making Them Yourself!

    Starting and managing a small business is no fun chore,... Read More

    Big Successes Never Happen Overnight

    Treat your business as a serious, full-time business and be... Read More

    The Responsibility Conundrum - Where art Thou?

    Mr/Ms, 'not me' is often on holidays in your business.... Read More

    Lubbock TX Good Market for a Service Business

    We very much like what we see in Lubbock, TX... Read More

    Motorcycle Detailing Procedures Manual Sample Outline

    If you are a motorcycle detailer and need to expand... Read More

    Small Business Debt Collection Laws

    In your small business debt collection laws will eventually become... Read More