For the first seven years I was in business, I dutifully filed away my bills and receipts by type: Electric, phone, bank statements, etc… I put them all into their proper folders each month. At the end of each year, after filing my taxes, I’d dump everything into a box, label it with the year, and store it in my attic.
At the start of this year it dawned on me that I never seemed to need any of those paper records once they’d been filed. (Everything was tracked in my Quicken software anyway.) So I just stopped doing the filing — now I just drop the stuff directly into a box.
The point is, there are things about the way you operate your business that may no longer make sense (in my case with the bills and receipts, it never made sense at all). The hard part is realizing where you’re wasting time and effort.
How about you? Are there things you’re still doing that add no value???