Written by : Rajiv Singh

A Chartered Accountant in UK with 15+ years of experience in FinTech Consulting, Accounting & International Taxation. I enjoy being a Social, Foodie and Father of two young children, reachable at linktr.ee/RajivSingh.


How to keep momentum in business and engage employee working from home

Rajiv Singh
Rajiv Singh, CA, FAIA

Mar 30, 2021 07:08

COVID-19 pandemic changed the work environment all over the world and all businesses were forced to abandon physical office spaces and go online. However, many businesses found a silver lining in the difficult situation and have bounced back. In fact, many business owners found that their workforce was more productive than ever before in the work from home option, while a few others experienced that the homely environment was hindering their employees’ daily work routine. Here are a few tips that can help employers and employees to boost their efficiency and productivity in this pandemic situation.

Tips for employees

Set up a work environment at home

When working from home, avoid sitting in bed or in front of the television because you may not be productive by working this way. You can use a spare room or a study to set up your workstation and keep all your work-related things there. Thus, setting up a work environment at home can increase your efficiency and boost your productivity.

Plan your work commitments

It is a good idea to plan your work commitments at the beginning of any given day, which will help you to be focused and organised. Making a list of work commitments on paper or using an application such as Trello or Notion.so to list down the tasks and then ticking them as you complete tasks can help you meet your targets for the day.

Control your breaks and intermissions

Many times, it may be difficult for you to get back to work after a break. The distractions can be in the form of phone calls, emails, messages, and children at home. To avoid such distractions, you can put your mobile phone on “Do not disturb” or silent mode, check emails at hourly intervals, and engage children at home with tasks and keep a check on them at specific time periods. In addition, you can create some valid reasons for when they can interrupt you while working. Later, you can reward the children for being cooperative and having fun with them once you are done with your work.

Incentivise yourself

You can put in your best work when you know that a little reward is waiting for you. For instance, tell yourself that you can have your favourite cup of coffee once you are done with your work or watch a movie of your choice in the evening once you have finished your work assignment.

how to keep momentum in business and engage employee working from home

Tips for employers

Give importance to the health of employees

Employers of both small and big businesses should give utmost importance to the health of their workforce. Like many organisations around the world, you should put in efforts to arrest the spread of the COVID-19 virus by launching the work from home option for your employees. Thus, a large proportion of your workforce will stay safe in their homes and your business will sustain in the pandemic situation.

Reach out to all your employees

Make sure that you reach out to all your employees and ensure that your team can easily access the required documents and start working on time. It can be achieved by making all your internal communications mobile-friendly. For instance, it may be difficult for your team to get access to the latest presentations and templates that you share with them. So, you can send push notifications to your team when you share files with them. Consequently, it will make your team’s work a lot easier, thereby increasing their efficiency and productivity.

Opt for virtual CFO services

In the current pandemic situation, as an entrepreneur, it may be challenging for you to focus on all areas of your business operations single-handedly or to rely on your work from home employees. The key areas that cannot be ignored in any business set up are finance, regulatory compliance, corporate governance, and management of strategic prerequisites. We, at GoTaxfile, can help you to handle all these areas in an efficient way so that you can relieve yourself from the daily chores of accounting, bookkeeping, and payroll. Rely on us for your virtual CFO requirements and invest your valuable time and skills to plan for your business expansion.

Keep track of business returns and file timely tax returns

Keeping track of all business returns is very crucial for evaluating the success of your business, especially in these uncertain times. In addition, you need to file all your tax returns on time to meet the compilatory requirements. The process can be cumbersome and time-consuming. Our ‘Ask Tax Mentor’ service can help you in filing your various returns, such as income tax, GST, and TDS returns in a hassle-free way. Furthermore, filing timely tax returns in the current pandemic situation helps startups to track government’s special incentives, lower tax rates, and interest rates on loans with an enhanced credit exposure.

Choose business assistance services for efficient cash flow management

Cash is very important for the efficient and continuous running of business operations. During this challenging pandemic situation, all businesses, especially startups need to smartly manage their receivables and payables to find methods to generate enhanced cash flows. Choose GoTaxfile’s business assistance services to effectively manage your startup’s finance planning, cash flow management, and secretarial compliances. Besides, we also offer IP and trademark protection services to various businesses.

Make your business presence online and seek finance via crowdfunding

To expand your business beyond the physical and geographical boundaries, you should launch your business online and work with your team virtually. The first step towards taking your business online is the designing of your website. A visually appealing and easy to browse website will do the trick. GoTaxfile partnered with Toastbeat can help you to design your business website or an app based on your target audience. Besides, we also offer assistance to startups and small businesses to seek finances via crowdfunding. Get associated with us to see your business soar to new heights.

Rajiv Singh
Rajiv Singh, CA, FAIA

Mar 30, 2021 07:08

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