Being Disorganized Costs You Money
Productivity, organization and time management are the mantras of small business. But how good are we at it, really? I like to think I am reasonably well organized, but I still seem to have endless piles of paper around me, even though I work mainly online.
Do you need a professional organizer? Can’t afford it? I found these tips from professional organizers great reminders that time is money. And of course, being more organized can save you a lot of frustration too.
• “Leverage your time” and outsource to those who have specialist skills e.g. accountants, book keepers etc. Is your time and energy best spent elsewhere?”
• Keep receipts in a consistent place when traveling. File receipts as soon as you get home,
• Record mileage, gas costs and other details in a notebook you keep in your car.
Professional organizer, Mandie Crawford learned the hard way, the value of taking receipts with you in your own car when you move.
Three years ago, her mover lost a box containing two years of her records during a move from Hamilton to Calgary. When she was audited by Canada Revenue, being unable to prove those expenses cost her $5,000.
• Keep your business and personal bank accounts separate to track expenses and for accountability
• Use online record keeping systems such as MYOB or Quick Books, if you are going to handle your own accounts.
How About You?
Do you have any tips to share or any questions or insights on this topic?