They appear innocent enough.
So you put them on the back burner.
You’ve got more important things to do, right? There’s no sense in letting them take you away from your “real work.”
But the problem with ignoring small—yet eventually necessary—tasks when you’re self-employed is the longer you put them off, they bigger they become. They pile up. And then, instead of demanding just a few minutes of your time, they transform into mammoth undertakings that could require hours on end to get them under control.
Avoid Unnecessary Stress: Take a few minutes; Save a few hours.
Working as a freelance writer these past five years, I’ve learned that procrastination nearly never has a positive outcome. It’s true when approaching work for clients—and when taking care of the administrative details that come with running a business solo. Here’s my short list of tasks that can go from “manageable” to “mayhem” if you save them for later rather than nipping them in the bud.
Generating invoices – Depending how many clients you have, you could find yourself spending hours producing invoices and sending them if you wait to do all of them at the same time. For project work, consider billing customers after you’ve completed the work instead of waiting until the end of the month. If you’ve got multiple recurring monthly assignments requiring invoices dated the first of the month, set a schedule to create them ahead of time so you’re not scrambling at the last minute.
Logging your accounts receivables and deposits – Matching up invoices with checks and logging deposit dates can get harrowing if you’ve got a pile of them awaiting your attention. Save yourself the headache by tracking them in your accounting system as they arrive.
Filing paper copies – As much as I do business electronically, I do still keep some paper records on file. I know many other solopreneurs and small business owners who do, too. Again, putting them where they belong nearly as soon as they cross your desk can save you the hassle of shuffling through mass quantities.
Balancing your checkbook and reconciling your bank statement – If you like nightmares, let two or three or more months pass by before you pay attention to these tasks. While reviewing and matching up your checkbook’s records with those on your bank statement and in Quickbooks (or Freshbooks or Excel or whatever accounting tool you’re using) may never be a dream come true for you, it will go so much easier if you take care of it promptly each and every month. Plus, if there’s any discrepancy between what you’ve recorded and what your bank’s reporting, you’ll want to address it with them ASAP.
Logging your business mileage – That 56 cents per mile deduction can add up—and so can the time you’ll need to spend if you wait too long before logging the miles you’ve put on your car going to business meetings and events. I regrettably procrastinate on this one every quarter and then find myself muttering choice words under my breath as I scour my Google Calendar for the appointments I attended over the prior three months.
With all of the above, I’ve learned that a few minutes now can save many minutes (sometimes hours) later. While you may feel tempted to put off those little to dos until tomorrow…or the next day…or the one after that, don’t procrastinate! It’s a mean, spiteful practice that will come back to bite you.
What administrative tasks have piled up on you lately?
Image courtesy of Gualberto107 at FreeDigitalPhotos.net
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