Quick Tip for Business: What's the ROI on each of your business tasks?

Make a list of all your business tasks that you do throughout the week.  There may be some things you only do on a monthly basis too, so add these in too.

Now rank them based on the ROI (return on investment).

TIME and MONEY

Think about how much time you invest and how much money you invest.

Rank as HIGH, MEDIUM or LOW returns.

It might look something like this.

Interacting and posting on Facebook page (medium)

Local advertising (low)

Attending networking events (high)

Once you've made your list, look at changes you can make.

Are you using your time wisely to give you the best ROI?

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Wendy