The year is coming to a close and it’s time to plan for 2020. Planning ahead is key and looking back on how your company has performed is important.
Here are a few tips to welcome the new year in with a bang.
1. Evaluate your performance and achievements
Did your business accomplish what you set out to do? Celebrate your successes, and have a plan of action for changing what wasn’t a success.
2. Revamp your marketing
Ensure the content on your website and social media is up to date, and spend time on marketing to grow your own business.
3. Update your services and pricing
Are there any new services or products you want to offer your client in the new year? Is your pricing adequate given your time, experience and cost? Change your offerings and bump up your pricing.
4. Look at your business structure
Do you need more employees? Do you want to get a partner involved in your business?
5. Fix your Finances
Examine your finances to make sure you know where you stand with your revenue and expenses. Be in a good position to make proper year-end decisions.
6. Set next year’s goals
What do you want to achieve in 2020? Goals should be attainable and align with your overall business mission.
7. Enjoy the holidays!
Give your clients ample notice that you will be taking time off and enjoy a stress-free, much needed vacation.