EP 12 | Part 1 of 2 part series - How to Make More Money with Time Tracking Part I - Why & How to track your time

Designer's Oasis - A podcast by Kate Bendewald - Thursdays

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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 to you in regards to time tracking!  Resources mentioned in this episode:  Harvest Affiliate Link: http://try.hrv.st/7-31015  Episode 7: 3 Ways to Price your Projects Freebie - Timekeeping Categories