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Increase Project Profitability with These 7 Simple Strategies
Image: Vlada Karpovich Project profitability is one of the essential factors in building a thriving business. It helps you determine 1) whether or not a client is worth your time, effort, and resources and 2) which clients to prioritize. Due to this, project profitability is one of the most “bottom-line” minded measurements and one you should learn how to calculate and use to maximize your revenue and fuel growth.
In this post, we’ll explain what project profitability is precisely, why it’s important, how to calculate it, and steps you can take to improve your profitability on a project basis. Let’s jump right in.
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Time Management Hacks for Self-Employed Professionals

Kayla Matthews, a productivity-obsessed writer from Pittsburgh, has been writing for nearly a decade about self-improvement and business efficiency. You can see her articles on sites like MakeUseOf, Inc.com, Information Age, and her blog, ProductivityTheory.com.
Are you managing your time in the best ways? Self-employment and remote work can come with an abundance of benefits. But they can also come with the pesky issue of time management.
Time management isn’t just about time, either. It overflows into productivity, profits, stress, planning and so much more. Finding a balance in it all is the most important thing you can do.
Whether you have been freelancing for years or just started working from home due to the current crisis, read on for hacks that will help you with time management!
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10 Signs You Need to Start Tracking Your Time

Kayla Matthews, a productivity-obsessed writer from Pittsburgh, has been writing for nearly a decade about self-improvement and business efficiency. You can see her articles on sites like MakeUseOf, Inc.com, Information Age, and her blog, ProductivityTheory.com.
When you wake up every day, you know what you can expect based on your schedule. You might need to take notes at meetings or present to your team. Blocking off time for big events is easy, but how good are you when it comes to narrowing down what you’ll do in shorter periods?
Imagine you have two hours to work on assignments before your next meeting. You might tackle your duties by jumping in and not stopping for breaks, but then time slips by. Before you know it, you’ve barely accomplished anything and you have to leave.
This is one of the common ways people realize they aren’t as productive as they’d like to be. If you think that might be you, here are 10 signs that prove you need to start tracking your time. Once you try a few of these tips and start tracking time, you’ll breeze through your daily schedule and accomplish more than ever before.
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Tracking Time Spent in DEVONthink with Timing

If you are doing a lot of Deep Work, you might be spending hours performing research, writing, or crafting notes or presentations. Organizing all the information generated by these activities is a daunting task. Luckily, DEVONthink can help with that. DEVONthink is a data management system that can help professionals (and students) navigate and organize a wide range of documents at their disposal.
The challenge, however, with using this kind of system is tracking the time you spend on it. If you spend the majority of your workday on DEVONthink, it’s not necessarily helpful to see that you spent 7.5 hours on this app – when you know that you’ve worked on a whole range of different projects and subprojects.
Here’s the good news: Timing is now integrating with DEVONthink – giving you the power to track minutes and hours you spend on specific documents in this powerful data management system.
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3 Mistakes You’re Making When Tracking Time (and How to Fix Them)

Chances are that if you’re a freelancer or business owner, you are all too familiar with the practice of tracking your time.
Whether it’s necessary to properly bill clients or is just a good habit developed out of the desire to be more productive, you already know that the minimal time it actually takes to track time (especially if you take advantage of helpful tools, hint hint) is well worth the payoff.
And, if you work in an office environment and haven’t been required to track your time yet, get ready—it’s probably coming soon.
That’s why it’s important to understand how to properly track time and avoid some common mistakes.
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