156: Maximizing Productivity With Workflows Whether You Are Starting A Business Or Side Hustle
156: Maximizing Productivity With Workflows Whether You Are Starting A Business Or Side Hustle, A Solopreneur, Entrepreneur, Mompreneur, Freelancer, Bookkeeper, Virtual Assistant, Business Owner, Or Self-Employed
Finding insights and strategies for streamlining your business operations and boosting your bottom line will include maximizing productivity with the workflows in your business. Being efficient will save you time, and since we only have so much time each and every day, you want to make sure you are maximizing all the efficiencies you can in your business. But have you ever thought that once you master your bookkeeping and other business workflows, you will also be creating a system that will be more accurate and reliable? When you set up your workflows and follow them through, you will notice you are more organized, and you will even save time trying to hunt down paperwork that you know is in your office somewhere. In today’s episode, I discuss the benefits of finding a workflow system that works for your business. Whether you are starting a business or side hustle, you’re a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA, in most cases, you don’t even need to spend any additional money to get your workflows set up, you just need to create your workflow system and stick to it. Once you have this down, you’ll see just how easy it is to delegate tasks and ensure everyone is on the same page when it comes to getting work done. I want you to take a minute to think about what you could be doing with the extra time you gain by having efficient workflows in your business…
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Show Notes:
Finding insights and strategies for streamlining your business operations and boosting your bottom line will include maximizing productivity with the workflows in your business. Being efficient will save you time, and since we only have so much time each and every day, you want to make sure you are maximizing all the efficiencies you can in your business. But have you ever thought that once you master your bookkeeping and other business workflows, you will also be creating a system that will be more accurate and reliable? When you set up your workflows and follow them through, you will notice you are more organized, and you will even save time trying to hunt down paperwork that you know is in your office somewhere. In today’s episode, I discuss the benefits of finding a workflow system that works for your business. Whether you are starting a business or side hustle, you’re a self-employed individual, a solopreneur, entrepreneur, mompreneur, freelancer, small business owner, a remote, virtual, online, or in-house bookkeeper, or a virtual assistant or VA, in most cases, you don’t even need to spend any additional money to get your workflows set up, you just need to create your workflow system and stick to it. Once you have this down, you’ll see just how easy it is to delegate tasks and ensure everyone is on the same page when it comes to getting work done. I want you to take a minute to think about what you could be doing with the extra time you gain by having efficient workflows in your business…
Welcome Back…To start things off, I want to discuss what workflows are and why you should care about them. Simply put, workflows are the systematic processes that cover how work gets done in your business. They encompass everything from how you handle invoices and expenses to payroll and financial reporting. Efficient workflows are like the engine of your business. They ensure tasks are completed smoothly, accurately, and without unnecessary delays.
So, why should you care about setting up workflows for your business? First, let's cover time savings. One of the most immediate benefits of setting up efficient workflows is the amount of time you save. When your processes are streamlined, tasks that used to take hours can be completed in minutes. This efficiency frees up your time and your team’s time if you have one to focus on growing your business and serving your clients or customers. After all, isn’t this what really matters to you in your business?
Next, I want to talk about how setting up efficient workflows can result in a cost reduction. Think about it: when your tasks are streamlined, you’re less likely to make costly mistakes or errors. This can mean significant savings in terms of late fees, penalties, and especially your valuable time. I know many of the clients I work with don’t put a value on their time, but if you haven’t already, think about what your time is worth. How much is one hour of your time worth to you? When you are improving your workflows, you can take these cost savings into consideration.
Setting up effective workflows also provides you with access to timely and accurate financial information. This allows for better decision-making. You can spot trends, identify areas where you can cut costs, and make informed strategic choices to drive your business forward. It allows you to stay in compliance with tax regulations, accounting standards, and data security, which reduces risk as well.
You’ll also see enhanced accountability when your processes are well-defined and documented. It’s easier to track who is responsible for which tasks. This reduces any confusion about who should be working on what and when it should be getting done. Everyone knows what their role in the business is and how they can go about reaching their goals. Even when you are a solopreneur without a team, you’ll find that you are much more accountable when you have these workflows documented. You’ll have an exact path you need to take to get all of your tasks completed.
If you have ever thought about scaling your business, you want to make sure that you have your workflows set up and working efficiently. As your business grows, your workflows can scale with you. They provide a solid foundation for expansion, making it easier to bring in new team members, open new locations, or diversify your product or service offerings. Scaling is one thing that many business owners want to do, but understanding how much of an impact having efficient workflows will have on the ability to scale with ease is often overlooked.
And lastly, let's not forget about maintaining customer satisfaction. This may be one of the most important aspects of having efficient workflows since they often translate into improved overall customer satisfaction as well as increased revenues. When your business operates smoothly, you can deliver your products or services to them on time, answer customer inquiries promptly, and provide a better experience for each and every one of your clients or customers.
Take some time this week and do a quick audit of the workflows you have set up in your business to see where you could improve your processes and increase your efficiencies. I recommend looking at every area of your business and starting in the area that you feel is your highest priority. When I work with my clients on their workflows, I always love hearing how much time they are saving when they have their workflows dialed in, how they are able to utilize that time to do things they have been putting off in their business, and how fun it is when they are able to take some of that time to spend with their family and friends. This is where the work you put into your business really pays off. If you need help with either setting up your workflows or being held accountable so that you can be more efficient when developing this process, feel free to reach out to me. You can schedule a free consultation or sign up for a coaching session today. As a Certified Public Accountant and Certified Life Coach, I can help alleviate the stress you may be feeling when it comes to your business, career, or personal life. I’m here to guide you through the financial aspects of your business and help you focus on the steps you need to follow to reach the success you want to achieve in your business and stay committed so that you can continue to keep pushing forward. I’m here to help you with both your business and your personal life so you can relieve the stress, anxiety, or overwhelm you are currently feeling. Having an accountant and certified life coach like me can provide you with valuable insights and ideas to help you simplify your business, which enables you to go back to enjoying your business like you thought you would when you first started it. I work with business owners and accountants to create the actionable steps they need to take to ultimately achieve their goals while getting relief from the stress and overwhelm they feel from the pressure of owning a business, deadlines, and the workload they face every day. If you are struggling with this as well and would like some help developing a solution, help strengthen and maintain your emotional health, increase your well-being, create a more positive, happy, and joyful life, set and achieve your goals, and manage your relationships, I’d love for you to join me in my Balance Life Coaching program so that you can live a more purposeful life. Each week, we meet privately one-on-one, and you get to bring whatever is on your mind on any given week. It could be your highest priority you want to work on, whatever you want more of in your life, or if there is something that is weighing on you heavily that you need coaching on, and we’ll work through it together. Having a certified life coach like me helping you through all of this allows you to feel so seen and cared for, and the results are amazing. Everyone benefits when they work with a certified life coach. After every call, you feel energized, and you know exactly what to do for the week to come, and relief knowing we will meet again the next week to go over anything that comes up after the call. You’ll gain self-awareness while you take each step toward your goals. The investment in this program is an easy yes for you. I’ve set this program up in the most supportive way. If you are ready to join the Balance Life Coaching program, you can go to www.FinancialAdventure.com and click on the work with me button. You’ll see the link to join as well as additional information about the program. Sign up now. There are limited spots available for this program due to the one-on-one aspect, and it does sell out. If the payment link is gone, you can get on my waitlist to join the program when additional spots are available. I help people get results and live a more joyful life. I coach everybody on everything. Everyone has something they want in their lives, and I help them get it. I know this is something you’ve been waiting for. I’ve been asked by many of my listeners to create this exact program. The faster you get access to the program, the quicker you’ll see the possibilities available to you. I also have a risk-free guarantee. I believe so strongly that everyone benefits from coaching that when you sign up today, if for any reason you are not satisfied with your first session, you can send us an email, and we’ll refund you immediately. Are you ready to enjoy your life now? Why would you want to wait? Make this investment for yourself. Take the journey with me…make it happen for yourself. Ask yourself why you need this program in your life right now. Are you ready to make bigger, bolder, stronger life goals? I’m looking forward to meeting with you soon and digging deeper to see where you currently are in your business or career and start creating actionable steps so that you can reach your vision and goals for the future, not only in your business or career but also in your personal life. I’m ready to work with you, see all of your successes, and watch you thrive in your business or career while creating your best work-life balance. I’ll post links to this and other valuable resources for business owners and accountants where you are listening to this podcast.
And, you know I’m going to ask…what’s at least one thing you will take away from this episode that will help your business succeed and grow your bottom line? If you need some accountability, join our PRIVATE Facebook community and post your action item, we’d love to support you.
