#12 | How to Make More Money with Time Tracking (Part I - Why & How to Track your Time)
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If you aren’t tracking your time, you’ll never be able to know exactly how profitable your business really is. You won’t have those benchmarks that you need.
Tracking time can be such a sore subject with entrepreneurs and business owners and the interior design business is no different. It is easy to forget, can feel like an interruption, and can be hard to enforce with a team BUT it is the KEY to finding out the profitability of your business, charging the right amount, and being transparent with your clients.
In this episode, we answer questions like…
What do you even track? -(Hint: it’s more than just your hours)
What are the different ways to track your time?
How do you go back and audit your project at the end?
Here’s a glance at this episode…
[05:37] I dive into what happens if you’re not tracking your time and that can impact your business and your projects.
[08:30] How to build a new time-tracking habit by working on your mindset first.
[11:40] I share key tips for training your team and getting your team up to speed and in the habit of tracking time along with you.
[13:50] What should you be tracking and how to organize your tracking into categories (P.S. there’s a freebie for you involved!)
[17:30] I talk through a few methods you may want to use to track your time and the pros and cons of each.
[19:50] I share a little bit about Harvest as a time-tracking tool, why I use it, and a little about how it works.
[26:30] I share my weekly challenge with you in regard to time tracking!
Resources mentioned in this episode:
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