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WHY & HOW TO TRACK YOUR TIME

When it comes to freelancing, tracking your time is one of the most crucial things you can do. It’s also one of the most tedious and forgetful things that you need to do.

WHY

1. It’s key when determining pricing. You need to know how long a project typically takes in order to price your services correctly.

2. Your time is part of a budget constraint, and you need to make sure you are staying within a project’s budget.

3. It keeps you on track and focused.

HOW

1. I make a to-do list every night, so that when I wake up in the morning I am ready to get started. I take one project at a time, start the timer before I do anything related to the project and then work on the project. I stop the timer if I need to run an errand, take the dog out, etc, so that the numbers aren’t construed.

2. I use Freshbooks for invoicing, expenses and projects, which comes with a built in timer. It’s great because, I can log hours for all of my current projects right through Freshbooks, which totals everything up so you know where you are. It has a stop/start function, and you have the capability of billing out the hours (which I use for my monthly contract clients). I definitely recommend using this for anyone who already uses Freshbooks or is looking for an invoice software.

Others who have timers:

Basecamp (for people who want a project management system and timer)

Toggl (for people looking only for a timer, nice interface, able to track and bill)

Tick (only a time tracking function, integrates with Basecamp)

Harvest (also an online invoicing software, great interface, looks like it has it all)

I hope this was helpful!

Are you a creative business owner, entrepreneur or freelancer? Check out the rest of my Biz Chats posts!