Business: Time Management Tips for Managers

Time Management Tips for Managers

Written by Lorraine Pirihi

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1.Highly successful managers are great role models They practice what they preach. 2.Highly successful managers invest time and money in their team and themselves They develop their people and themselves through education and coaching. 3.Highly successful managers are organised They learn effective time management skills so they can manage their time and have systems in place which enables them and their team to work on repparttar

important issues. 4.Highly successful managers are fit and healthy They understand that a healthy mind and body improves their productivity and general well-being. 5.Highly successful managers have a life They apply their time management skills so they can enjoy ensure their personal life is a priority. They know by having a balance makes them a happier and more successful manager. The result of putting these secrets into action is pretty simple. Highly successful mangers get their priorities about people, work and home right! They hone their time management skills and apply them to all areas of their life.

Lorraine Pirihi is Australia's Personal Productivity Specialist and Leading Life Coach. Her business The Office Organiser specialises in showing small business owners and managers, how to get organised at work so they can have a life! This article may be reproduced providing it is published in it's entirety, including the author's bio and all links. For further information please contact Lorraine Pirihi.

Setting Your Fees Just Right

Written by Suzette Flemming

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Step 8 – Decide upon your rates. Your hourly rate should be more than repparttar rate you determined from repparttar 104563 salary survey (Step 5). It should also be comparable to repparttar 104564 rates within your area (Step 4). Can they be higher? Yes, especially if your perceived value is higher or you provide services no one else does.

After you have decided upon a rate add 10 percent for indirect expenses. In addition to your time, you incur indirect expenses such as childcare, building expenses, software, computers, etc. that are needed to run your business.

Don’t include direct expenses in your hourly rate. These are items that are specific to repparttar 104565 project such as envelopes, shipping, post cards and postage. Often times repparttar 104566 cost of these items fluctuate over repparttar 104567 life of a project. I recommend that these items be billed separately on your invoice and not become part of your “service” fee.

Step 9 – Batch your services. Charging by repparttar 104568 hour is cumbersome. You have to track repparttar 104569 amount of time you spend on a project. Many times repparttar 104570 5 or 10 minutes spent today and last Monday aren’t accounted for because it was such a short amount of time to track. If you “give” your client 10 minutes a day you are losing about 3 ½ hours of billable time each month (multiply that times repparttar 104571 number of clients and your rate to find out how much you are losing each month). Package your services and bill for repparttar 104572 package. The client isn’t paying for your time. You are being paid for your expertise and your ability to get repparttar 104573 job done.

Step 10 – Create and Print your rate chart. Use repparttar 104574 list of services and time compiled in Steps 1 and 2 as well as repparttar 104575 batches you created in Step 9 to create a rate chart. Print this and use it when asked for a quote. You will find quoting is much quicker and simpler with no guessing involved.

Careful research and careful analysis of details such as competition, target client and services offered will lead you to repparttar 104576 “just right price” for your services.

Suzette Flemming is the CEO / CFO of Flemming Business Services. Providing financial direction to businesses since 1994. Learn how to save money and increase your bottom line by subscribing to our free newsletter ~ Make the Most of Your Money at www.FlemmingBusinessServices.com or give us a call with questions at (425) 432-5870.

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