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New Year's Resolution: Improve Your Business in 2007

New Year's Resolution: Improve Your Business in 2007

Published 12-13-06

Submitted by Pelago

SANTA BARBARA, CA--December 13, 2006--Every year, people celebrate the New Year with resolutions to lose weight, quit smoking, or pay off their credit card debt. But what about business goals for 2007? New Year's Day is a great time to commit to improving customer relationships, developing better billing systems, increasing overall efficiency, and driving more revenue. Intervals, Pelago's web-based task and time management system, helps businesses fulfill those resolutions, even if getting to the gym three times a week is still a highly unlikely prospect for many business owners, managers and project directors.

As these last few weeks of 2006 wind down, look back at all the time you and your staff have spent this year checking timesheets, tweaking project schedules, tracking assignments, and correcting billing errors. That administrative overhead means lost billable hours, and revenue that could make your business stronger in 2007. Not to mention your corporate expenses easier to pay each month.

"For me, Intervals is great because I realize how many hours we all spend where: how much time I spend in meetings, how much time my team spends on testing, lab maintenance, and so on," said Jennifer, a manager of quality assurance. "Now, when I'm planning a project, I won't assign someone fully to testing if I know 30% of their time is going to be spent on other tasks. So my team now recognizes the value of knowing where their time goes. And if the boss questions any of it, I can give answers fast."

"We encourage everyone to go to the Intervals web site and calculate how much their business is losing each year," said Intervals developer John Reeve. "It's always amazing to see how quickly a few minutes here and there add up."

But how much could your business really save? According to the Intervals calculator:

  • A consultant who bills at $150/hour and spends an hour each day on administrative tasks is losing $37,500 every year.

  • A team of four people with an average $100/hour rate, each spending 45 minutes each day on paperwork, loses a total of $75,000 annually.

  • A business of 10 employees with an average hourly salary of $75 and a half hour of daily red tape is missing $93,750 in potential revenue.

    That money that could buy a lot of time with a personal trainer. So add Intervals to your Christmas list--or better yet, sign up today at www.myintervals.com for a free 30-day trial. Assign tasks to other people, review project breakdowns by "work type" (editing, design, meeting, etc.), and see once and for all where all your hours go. At the end of the month, if you aren't completely satisfied just cancel your account. Just don't blame us when you can't find the time to keep those New Year's Resolutions!


    About Intervals

    Created by Pelago, Intervals was originally designed to solve Pelago's own struggles with tracking time, billing clients, and knowing where projects stood in real-time. Intervals is ideal for service companies that bill based on hourly work, freelancers and independent contractors, and small businesses, but can be used by anyone who needs to manage tasks and track time. Learn more about Intervals at www.myintervals.com.

    About Pelago

    Pelago is a Santa Barbara, California-based web design and web development firm founded in 2000. Pelago specializes in developing highly intuitive web sites and reliable web-based applications, and injecting them with solid business sense and functionality. Pelago clients include JD Power and Associates, Nexxus, Xplane, Network Hardware Resale, and TenetCare. Learn more about Pelago at www.pelagodesign.com.

  • Pelago logo

    Pelago

    Pelago

    Pelago is a Santa Barbara, California-based Software as a Service company founded in 2000. As members of 1% For The Planet, Pelago is devoted to responsible stewardship of the earth. Pelago's flagship service, Intervals (myintervals.com) was originally designed to solve Pelago’s own challenges with tracking time, billing clients, and knowing where projects stood in real time. Targeted primarily to web designers, creatives, IT service companies and communications companies, Intervals is a powerful tool for anyone who wishes to ease the daily stress of organizing and managing people, workflows, projects and time. Intervals is currently being used to manage projects in over 100 countries. Learn more about Pelago at pelagodesign.com.

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