I believe in the phrase, "Whatever gets measured, gets accomplished." And to that effect, here are a few things that I do to keep track of time, effort, etc. Somethings are automated, somethings are manual, but most importantly, most of the things are tracked. I may miss an area or two out, but here goes: 1. Effort Tracking: Whether you're a one-man army or a company of a hundred thousand, somethings just never change. There will always be times when distractions will try to sneak their way into your schedule. And there will always be some slip ups when people are faced with distractions. I like to keep track of things because I want to know where my time goes. Generally, I ensure my team members do the same. It helps when I am the first one to volunteer for this kind of a thing and am open to scrutiny. Since much of my work gets accomplished using a computer/laptop, I use a tool calle ManicTime to keep track of things. ManicTime is a tool that will keep running in the background and will take note of everything you do on your system. Since most work systems are meant for... work, Manictime will act as that annoying supervisor we all hate. If you lock your system or it goes to sleep, Manictime will ask you where you were. This kind of a tool keeps things in perspective. Even if you think you are the kind of a person who spends all of his/her time working, you may be surprised by what Manictime has to tell you. Again, there are many automated effort tracking tools out there, some more expensive than others, but I have found that Manictime worked best for me. 2. Financial Tracking: While I use a lovely tool developed by Intuit offered by the bank which keeps track of all the business transactions, I have found a few things that can be tracked manually that simply cannot be tracked with such automated tools (at least not those developed by big companies). Here are a few things I track using an excel sheet: 1. Effort/Cost Ratio. 2. Effort/Earnings Ratio. 3. Productivity (varies project to project - output/input) 4. Net Cash on hand 5. 7-Day Moving Averages for Earnings and Expenses There are plenty of other things that I track, depending on the kind of project or whether its even required. But, productivity, earnings, expenses and net cash are important. So, those are a couple of things that I track all the time. It lets me know how my business is doing. What are some of the things that you like to track?