Be realistic about your time

A chapter extract from our book 12 Steps to Improve Your Cashflow

“How many hours you work on your business will be reflected in your cashflow but only if you get the balance right. You need to be honest about how many days each month you can work IN your business (helping your customers) and ON your business (doing administration, finances and marketing). This may change each month too if you have any family commitments, holidays and personal appointments. Once you have an indication of the number of days you can give to your business you then need to assess how many hours in each day you have available. Remember to separate out the hours that you work on your business that are not chargeable such as introductory meetings, finances, administration and networking. Additionally, include time in your day for lunch, some time for clearing a little headspace and a little exercise. I recommend a walk in the fresh air which is something I do each day either in the morning or afternoon. It is important for your own health and the health of your business to include time in your day to nourish your soul.”

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© Helen Monaghan, HM Coaching Ltd