Time-Saving Tips for Busy Women in Business
VICTORIA, Australia February 2015 – Working women in business face a myriad of differences in professional environments to men, including numerous sets of additional challenges. According to a report by the National Association of Women Business Owners and Web.com Group, Inc., 600 respondents listed the most important challenges to female entrepreneurs in 2014:
- 90 per cent identified the state of the economy;
- 80 per cent struggled with business tax issues;
- 71 per cent didn’t agree with the cost and accessibility of health insurance; and
- 61 per cent had trouble with access to capital.
However, the most consistent concern all women experience is trying to find enough time in the day.
Caren Hendrie BA (Hons), Dip FP, CFP, is an ambitious and successful business woman. As director of financial planning company, The Hendrie Group, Caren understands the stress and pressure women in business feel, especially those with a young family. “As a woman managing a business with 15 staff, and eleven people living in my home 50 per cent of the time, I know what it means to be busy and how valuable time is,” says Caren. www.hendrie.com.au
“I would love the day to last longer, and although the thought is lovely, it’s unrealistic. We cannot physically create a 25 hour day. What we can do instead, is learn to manage our time through a priority system, so we don’t struggle with endless and unreasonable to-do lists and burn ourselves out.”
Caren offers time-saving business advice for women:
- Set business goals with deadlines. It’s vital to include time-focused goals, because without a target, accomplishing a business goal is open-ended.
- Learn how to make good business decisions quickly. Second guessing isn’t productive, and uses a lot of energy and time.
- Practice saying ‘no’. Do not accept invitations because of an available weekend. Spend time with family or have some ‘me time’ instead.
- Organisation is the key to time management. “If you’re trying to balance how to be successful in business and home life, being organised is the secret. Disorganisation wastes time,” says Caren.
- Ask for help and learn to delegate. Most people are happy to help if they know that it’s needed, and having a helping hand can make a huge difference.
Caren is a well-regarded senior adviser at The Hendrie Group who mentors busy women in both personal finance and business growth. She is a regular presenter at women’s business events and hosts a local radio program each week. She established the Women Getting Results™ mentoring and networking programs for local women in business. Women can access more information about these programs at www.womengettingresults.com.au.
The Hendrie Group offers a range of business mentoring services, which help entrepreneurs increase business profit, build businesses, monitor company expenses and cash flow, protect business and key earners, and understand what ‘the numbers’ actually mean for them.
Discover more about how to be successful in business through organised time management at www.hendrie.com.au.
Material contained in this article is a summary only and is based on information believed to be reliable at the date of publication. Suggestions made in this article are not recommendations or offers to act as they are of a general nature only and may not be appropriate to your specific circumstances. They should not be acted upon without first consulting Hendrie Financial Strategies Pty Ltd, as representatives of Madison Financial Group Pty Ltd AFSL No 246679.
- Contact Information
- Caren Hendrie
- Financial & Small Business Advisor (BA Hons; CFP)
- The Hendrie Group
- (61) (03) 9725 2533
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