5 Tips for Ensuring Your Project Costing is Accurate
Thursday, 31 March 2022 by Carla Rose
When working within the professional services industry, the most important part of successful project work is not only delivering it on time and to scope, but also within budget. Studies show that 28% of all projects fail because businesses were unable to accurately estimate project costs. This is particularly true for small-to-medium businesses, which often
- Published in Other tips, Project tracking, Time tracking
Reduce Administration Time with These Time Saving Tips
Tuesday, 15 March 2022 by Carla Rose
Do you know what your biggest time-waster is? Many people struggle to be productive throughout the day because they get caught up in needless tasks. There are only 24 hours in a day, and learning how to manage your admin time well helps you make the most out of it. Running your own business makes
- Published in Other tips, Time tracking
3 Professional Services Trends to Know in 2022 + How to Make Them Work for You
Thursday, 06 January 2022 by Carla Rose
The pandemic affected every service industry trend over the past two years, and professional services trends were no exception. Adapting isn’t easy—but it is possible, especially for professional services companies that take the time to plan for what the future may hold. Today we’ll look at three professional services trends—along with challenges and solutions—to be
- Published in Industry, Other tips, Time tracking
Running a Business in the New World: 5 Key Small Business Trends from 2021
Thursday, 30 December 2021 by Carla Rose
Like 2020, small business trends in 2021 weren’t what most of us expected. Many businesses continued to feel the effects of COVID-19, which caused problems from cash flow to workforce retention. However, small businesses didn’t stand by and wait for the storm to pass. They looked for new ways to increase value for clients, created
- Published in Industry, Other tips, Time tracking
3 Reasons Elves like Employee Time Tracking as much as Santa Does
Friday, 10 December 2021 by Carla Rose
When it comes to payroll during holidays, Santa isn’t immune to the challenges. By this time of year, Santa and Mrs. Claus are deep in their December tasks: tracking toy expenses, making schedules—and checking them twice—and approving time off for everyone at the North Pole, all while ramping up to a delivery schedule that would
- Published in Other tips, Project tracking, Time tracking
Operating Costs vs Operating Expenses: What They Are & Why They’re Important
Wednesday, 10 November 2021 by Carla Rose
As a business owner, it’s crucial to understand operating costs vs operating expenses. Having a clear picture of the money coming in and out of your company improves your ability to do everything from planning payroll to renting office space to hiring new employees. Today, we’re taking the process step by step, from how to
- Published in Other tips, Time tracking