How Small Businesses Can
Maximize Productivity and Time

See also: Management Skills Self-Assessment

A recent academic article has discussed the importance of human resource management in the maximization of productivity.

The academics state that, “Human resource is one of the most valuable assets in an organization”. This is because of the impact and importance of the management of people in an organization.

A well-run organization should have a effective human resources department which keeps the wheels of the company running smoothly. This is in an effort to ensure that people are well looked after so that they are happy and able to perform their best in the work environment.

However, this is not the only way for small businesses to maximize productivity and time. There are also a number of other avenues which small businesses can explore to maximize productivity which will be discussed further.

Good Organizational Practices

Keeping a working environment clean and well-organized can do wonders for a person's productivity and time management.

This is the case because an organized workspace leads to less time spent looking for what needs to be found. This is true of not only the physical elements of the workplace but the digital elements as well. Keeping work files well organized on the computer on which an individual works can also help tremendously in maximizing productivity and time. Not needing to sift through folder after folder to find what an individual is looking for can be time saving and reduce frustration and tedium in the work environment.

Additionally, good organizational practices are especially important for work which is being done by more than one team member. Working with others is made much easier by a workspace which is well organized and one in which everyone is clear on what they need to do and where this can be found.

LLC Services

LLC services can save a business time and help maximize productivity because they take care of many of the administrative tasks which a business would otherwise need to perform.

The most common service which these companies perform is filing the articles of organization for a business. This is the document that initializes a company and gets its registered with the state. While this process is not overly demanding it can be intimidating especially for first time business owners.

Using one of these services also removes any worry about making errors in the paperwork as LLC services tend to guarantee that they will get the articles filed the first time. If they do not, they will be the ones who will fix their own mistakes and resubmit the documents. This can save business owners a great deal of time and energy which they can use to focus on their business instead.

Registered Agent Services

A registered agent is the person or business who serves as the point of contact between a business and the state in which they are incorporated. This is a legal requirement for all formal businesses in every state.

This obligation can be overly onerous on a business as the business itself cannot serve as its own registered agent. Additionally, a registered agent is expected to be available every business day of the year to receive documentation. This can be too demanding for a business owner especially if the duties of their business mean that they are not available at the office at all hours of the day.

In addition to these reasons, a registered agent is also required to disclose their address to the government. This address then becomes accessible to the public. This is undesirable for many small businesses as they work from either a private office or their home. This can result in a great deal of unsolicited, time wasting mail and correspondence.

A registered agent service can help save time and maximize productivity by taking care of this obligation for a business owner. Registered agent services also remind business owners about certain compliance documents and help them keep their business in good standing with the state. This ensures that no time or money is wasted paying late fees and filing documents after they are due. A registered agent service can maximize both time and productivity by taking care of an administrative requirement for a business.

Consistent Learning

In order for businesses to continue to grow and maximize their time and productivity, a degree of learning is vital for all employees and owners alike.

In many ways, investing in the development of soft and hard skills can improve productivity and ensure that tasks are completed timeously. If employees can develop effective time management skills, communication skills, and problem solving skills, they will be able to cohesively tackle tasks and business obstacles with speed and efficiency.

Business owners and CEOs can set up incentivized programs for their employees, where they are encouraged to actively seek out and acquire soft and hard skills through learning. Employees can make use of platforms such as LinkedIn Learning, SkillShare, and even Masterclass. YouTube has also become a space where both consumers and employees can access free and reliable skills development training.

Businesses can offer their employees a set time where they can learn new skills, or they could offer rewards for continuous learning. By doing this, businesses are not only investing in their employees, but investing in their own company’s wellbeing. Skill workers are always an essential component of a successful business.

Further Reading from Skills You Need

The Skills You Need Guide to Self-Employment and Running Your Own Business

The Skills You Need Guide to Self-Employment and
Running Your Own Business

If you are thinking about running your own business, or already do so, but feel that you need some guidance, then this eBook is for you. It takes you through self-employment in easy steps, helping you to ensure that your business has more chance of success.

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Final Thoughts

There are many ways in which a business can maximize their time and increase productivity. This article has outlined three key means which any business can implement to increase their productivity and ensure that no time is wasted.

  • Good organization can ensure that no time is wasted looking for documents or other important things needed for work to be complete.

  • An LLC service can save time by ensuring that articles of organization are filed correctly the first time.

  • A registered agent service can save a great deal of time and energy by taking care of an administrative legal requirement for a business on their behalf.

About the Author

Micayla Frost interviews CEO’s and business leaders around the world. Besides writing for Newstrail, she also collaborates with other journalists from International Business Times, Newsweek, BusinessInsider and several more global mainstream news entities.