The Practical Guide to Limited Company Tax
If you have chosen to operate your business as a limited com...
By Jonathan London on 31st December 2014
Time management and productivity have become buzzwords: we hear them all the time, we sort of know what they mean, we realise they’re important, but we’re not quite sure how to achieve them. After all, it’s about more than getting everything done on time without too many late nights in between.
Time management is defined as the ability to use time effectively and productively, especially when at work, while productivity is loosely defined as the ability to do more. So if we’re working at our best we are doing as much as we can and doing it well in the time we have available.
While this may sound simple, it’s actually harder than it sounds, as the temptation to procrastinate can be strong and if your schedule gets delayed, finding a way to optimise that wasted time and resource can be challenging.
To help 2015 be a well-managed and productive year, here are a few tips and best practices.
To operate as effectively as possible, it’s important to hone operations. However, we often fail to build time into projects to review what’s going well and what needs changing. To maximise efficiency and improve quality be sure to introduce a review period into your work. When you’ve completed a task, think what went well, what didn’t work and how it could have been improved. You can then adjust your work accordingly, saving time further down the line to correct any mistakes.
The start of the new year is a brilliant time to do this on a grand scale. Take an afternoon to think about the year just gone and identify ways you can improve upon it in 2015.
We often find we procrastinate the most when we’re overworked but the thought of actually taking time out when we have a never-ending list of things to do naturally seems ridiculous. However, if you don’t build time to relax into your day, you won’t be working at your best. It’s better to work four hours at the top of your game than eight hours half asleep. If your mind and body are tired, you simply won’t be productive.
The most effective freelancers often ensure that they take time for themselves throughout, creating regular breaks away from the computer and ensuring they take a healthy lunch.
Freelancers these days are lucky that they live at a time when technology exists to make work easier. There are now plenty of apps and software to help organise workloads, facilitate collaboration or even improve efficiency (dictation apps are priceless).
To improve time management and productivity in 2015, do a search of all the sorts of technology that can make your life easier.
It’s a fact that most work now takes place online and it’s easy to waste time searching for emails, documents and websites you need. Therefore, it’s important to create digital orger. This means adding colour coded folders to your inbox and making sure everything is where it should be, marking certain emails as important, bookmarking various sites, and ensuring all documents are in logical places and accessible from all mediums.
It goes without saying that when you start out as a freelancer, it’s important you get the right advice and use the right tools to ensure you run your business the right way. Our online accounting service not only provides you with a trustworthy & efficient way to operate through your own Limited Company, but we’re always trying to find new ways to help speed things up (check out our mobile apps).
Take a look at our recent blogs below.
If you decided to take the plunge and be your own boss, one of the first decisions you’ll need to ...
Published: 6th August 2018
If you engage Boox to do your company’s VAT returns, you’ll be aware that we require your specif...
Published: 26th July 2018
It’s not just something cows do! MOO is the acronym for Mutuality of Obligation, which exists in e...
Published: 23rd July 2018
While it’s not a new problem, it certainly isn’t one that’s going away anytime soon. We’re t...
Published: 20th July 2018
HMRC are dogged in their efforts to recoup unpaid tax through schemes that they view as tax avoidanc...
Published: 18th July 2018
It is the time of year again when HMRC are sending out Self-Assessment Statements. These show all pe...
Published: 6th July 2018
To stay on the right side of HMRC’s expenses and benefits legislation, P11Ds need to filed by 6th ...
Published: 3rd July 2018
GDPR – the General Data Protection Regulation, comes into effect on 25th May and is the bigges...
Published: 24th May 2018
As a business owner, your time is way too precious to spend hours dealing with HMRC or Companies Hou...
Published: 14th May 2018
“Never do tomorrow what you can do today. Procrastination is the thief of time” Charles Dicken...
Published: 11th May 2018
Congratulations! The very fact you clicked this far shows you are considering employing staff, and t...
Published: 17th April 2018
If you need a little help to find the right accountancy service, don’t worry.
Thousands of contractors, freelancers and locums turn to Boox for help and advice with their limited company accounting. They love our personal service and app.
Specialist accounting for sole traders and the self employed, Boox combines easy online tools with expert support to take away the stress of handling your accounts.
Our combination of market-leading accounting software and expert personal advice gives you greater financial control and more time to grow your business.