What is Your Time Worth?

What is Your Time Worth? By Howard LipsetThe difference between a small business simply getting by or forging forward may be that they should be increasing their overhead in the right places.

If a business owner is spending more than five hours a month on any particular function, they must consider outsourcing the work. In today’s world, many functions performed by specialized departments in large corporations are available to small business from small companies. 

  • Human Resources
  • Payroll
  • Financial Advisor
  • Banking and Mortgages
  • Bookkeeping
  • Taxes
  • Financial Administration

Compare the cost of any of these services to the potential new income you can earn with the time that is freed up. If you can add just one new client every month while your new overhead remains static, your net profits will boom.

What is Your Time Worth? By Howard Lipset

Howard Lipset, CPA
Progressive Management, Inc.
(516) 883-2962

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