Managing multi-tasking has become an important responsibility for Canadian small business owners
Today's Canadian small business owner must navigate an unprecedented number of communication channels each day, both in the office and out. As a result of this information overload - not to mention the extra work it takes to navigate a small business through a recession - small business owners are more distracted than ever.
Not only can this lead to a disruption in work-life balance - due to the longer work hours required to get everything done, and the stress that accompanies this multi-tasking - but it can also cost the company a significant amount of money.
According to the Go System, for a company of 50 employees getting paid $25 per hour, a half-hour per day of lost productivity can cost the business $150,000 each year. "The real cost is even higher when you consider the cost of alienated and lost customers," said the company.
To cut down on the cost of disorganization and distractions, Canadian small business owners are advised to dedicate time each day to organizing their desks, to create to-do lists organized by priority, and to set an email schedule instead of checking each message as it arrives, the Globe and Mail reported.
