• Skip to primary navigation
  • Skip to main content
  • Skip to footer

EtaxLocal

EtaxLocal | Tax Agents | Small Business Accountants

  • Home
  • Business Services
    • Etax Local: Client-to-Agent Linking Guide
    • Company Tax Return
    • Small Business Tax Returns
    • Partnership Tax Returns
    • Trust Tax Returns
    • BAS Services
    • Small Business Accounting
    • Complete Packages
    • Small Business Bookkeeping
    • Etax Local Business Tax Checklists
  • Individual Services
    • Individual Tax Returns
    • Tax Return Checklists – free download
    • SMSF Annual Tax Return
    • Rideshare Tax Returns
    • Freelancer Tax, Income and BAS Services
    • SMSF Audits
    • Late Tax Returns
    • Early 2025 Tax Returns
  • Client Portal
  • Blog
  • About
    • Our People
    • Etax Local Website User Terms And Conditions
    • Etax Local Security and Privacy Statement
    • Frequently Asked Questions
  • Contact

Time Management: Your key to productivity

Good time management really does make a big difference to your productivity; on a personal level and in business.

As a small business owner, it’s often hard to manage your time so that your work days are productive. But when your days are full of distractions, procrastination or a simple lack of discipline, this poor time management can become a real thorn in the side of your business. So what do you do?

Make the habit of good time management a big part of your day, every day.


In this post, Etax Local’s business team discuss a few good time management tips to help you improve your productivity – and a few bad habits to wean yourself away from:

1. Listen to your body clock

Our super-tip for quality time management: You know when you’re at your best. Some people are fired up in the morning, others at night. Some spring to life mid-morning or just after lunch. Whatever time of day you feel at your most productive and energetic is the time of day to schedule your highest value work; the tasks that need an alert and fired up brain to complete well. You’ll be amazed at how much you get done and how well you do it when you let your own body tell you when to schedule this high value work.

2. Always keep a to-do list:

This will keep you on track and stop you from forgetting things, especially when you’re busy. A to-do list is always the best way to stay in control of priorities. When things seem to be getting frantic, check your list to put yourself back on track. Our tip is to get yourself a white board so you can move your tasks through a workflow – this is a great time management tool as it helps you stay on top of each stage of a project.

3. Set Goals

If you don’t have goals it’s easy to drift along with very little momentum. Setting goals, big or small, will keep you motivated, positive and moving forwards – in life and in business. Cut big goals into small do-able achievements so they aren’t so daunting. And whatever you do; take that first step. Once you’ve done that you are far more inclined to smash out the rest!

4. I’ll do it tomorrow

Procrastination is your worst enemy. Opportunities, work goals, personal goals and all the big tickets in life can be missed if you’re a procrastinator. So don’t fall into that trap. Set yourself time limits, create action plans and commit to them to keep your momentum going. Be honest with yourself; ask yourself why exactly it is that you’re not doing something that you want to do. The answer is often ridiculously easy to hurdle when you’re simply procrastinating.

5. Distractions

The time lost in distractions each week can really add up over the working week, especially when you work from home, where you’re at the mercy of friends and neighbours dropping in, the TV, fridge and social media. (see our article: Working From Home: Productivity Tips)  But even in the office, there is often a need to alleviate the chance of distractions so you can stay focused. This needs discipline but results in far greater productivity, which is better for you and your business. Start by shutting down your internet and email when you need to focus on a project and don’t be afraid to close your door every now and then when you really need to get something finished.

6. Taking on too much

Time Management taking on too much

Do you have a problem saying no or letting go of control? Spreading yourself too thinly is detrimental to your health. Micromanaging staff is destructive to your business – and your staff morale. If you’re guilty of these business demons it’s time to change. Take a step back, trust your staff to do the job you hired them to do and learn how to say no to discover a healthier happier and surprisingly more effective you.

7. Multitasking

Are you a serial multitasker? Do you consider this good time management? It’s interesting to see the results of multitasking; the typos in emails, the errors in calculations, the missed items in orders or forgotten payments. It’s simply not possible for us to concentrate ‘fully’ on multiple things at once. If you don’t give 100% of your focus to one task at any one time, the quality of all your tasks is guaranteed to suffer. Prioritising is the key and here’s where your to do list will help you establish what order you need to do everything in.

8. Time out

Do you work for long hours without taking breaks? Do you eat lunch at your desk and pump yourself full of coffee so you can work for as long as possible? If you don’t give yourself breaks the quality of your work suffers. Your mind simply becomes overloaded and you start to make silly mistakes. Getting up from your desk and going for a walk, even if it’s just around the office for a catch up with colleagues or out to grab some lunch will give your mind a much needed break. You’ll be surprised how much more productive you become when you’re mind has had a time-out!

9. Stay on top

Do you let your business finances get out of hand? Do you have a mountain of receipts in you car, or on your desk? If you let your finances get out of hand you are in danger of losing track of where your business stands financially, which could jeopardise the future of the business. If you can’t provide a quick and accurate statement of account for your business in the next few minutes, you’re already out of control of your finances.

It takes much more time and money to record a backlog of expenses. Time and money that you really don’t need to be spending if you discipline yourself to spend a small part of each day recording everything. Nowadays, online accounting software makes looking after your business finances so much easier. The accounting team here at Etax Local help many new and existing business owners choose the right package to suit their business. We can even help you set it all up so it’s all ready to go. Records and reports needed for tax time and other financial statements can then simply be provided with a few clicks of your mouse. No need to scrabble around trying to find receipts and racing against deadlines – and no chance of  paying more tax than you need to!


Give yourself back some time. If you need help to pull your business finances together and get back on track with your ATO obligations

Contact us today by calling 1300 174 689. Alternatively, send us an email or request a quote and one of our friendly accounting team will get back to you as soon as possible.

GET A QUOTE
EMAIL ETAX LOCAL

Filed Under: Small Business Advice, Uncategorized

Previous Post: « 6 frequently forgotten tax deductions
Next Post: Tradie Tax Deductions: Claim everything you’re entitled to »

Footer

About Etax Local

  • Home
  • About Etax Local
  • FAQs
  • Security and Privacy Statement
  • Tax Return Checklists – free download
  • Personal Australian Tax Rates

Business Services

  • Company Tax Returns
  • Small Business Accounting
  • Small Business Start Up
  • Small Business Tax Returns
  • BAS Services
  • Trust Tax Returns
  • Partnership Tax Returns
  • Small Business Packages
  • Individual Tax Returns
  • SMSF Tax Returns
  • Late Tax Returns

Accredited Members

Tax Agent
#39961005

Etaxlocal Pty Ltd is a CPA Practice

Quality Assurance

Protected by SSL Security

Partners and Associations

 

 

Copyright © 2025 · EtaxLocal Pty Ltd
Liability limited by a scheme approved under Professional Standards Legislation.