Multitasking is a vitally important capability in today’s fast-paced commercial world. If you are planning to run a thriving organization, you have to know how to prioritise your duties, and you have to be able to keep on top of a variety of duties at the same time.
Time is a commodity that is always precious.

Consider the key aspects of your business. Which things will you need to handle on your own, and which things might you pass on to others? Possibly it is a good idea to outsource IT development, for instance.
If you do not have strong IT abilities, you probably waste huge amounts of time trying to do things that an expert could do in half the time. It will mean an investment in outsourcing, but it will most likely save you money and time in the long-term.

Organise your days.
In the mornings, take fifteen minutes to draw up a strategy for the day’s business.
When the day is over, reappraise your plan.
Which stuff used up more time than you thought? Which things took less time? What might you rearrange for the future? Ensure that the team are also managing their time efficiently. You do not need to organise a staff meeting daily, but guarantee you’ve got a good understanding of how your team are managing their day, and of the issues they’re encountering.

Recognize your own limits. Yes, you ought to be a multitasker, but do not bite off more than you can chew. Ultimately it is the company that is going to suffer, not to mention your sanity, your health and your way of life. Be pragmatic. If you are not a lawyer, organize legal outsourcing.
It’s a great deal less expensive than paying the court costs if you find yourself in litigation because you did not know the legal statutes relevant to your area of business.

Endeavour to be open-minded when you are designing employment responsibilities. Rather than defining fixed employment responsibilities and endeavouring to get an ideal member of staff who could complete them all, have a think about your employees skill-sets, and delegate functions appropriately.
If you have one employee that is a total people person and another who is unbeatable with admin, you might find that rather than splitting duties in to HR and sales, for instance, you can recategorise the tasks in to admin and customer-facing roles. As such you play to the strengths of both members of staff and increase both staff contentment and efficiency.