10 Essential Resolutions To Take Your Small Business Further in 2019
Scaling January 29, 2019 admin
Resolutions are an excellent way to plan for the year ahead. They help you see where you stand and accomplish the goals you’ve set for yourself and your small business.
Common resolutions in life are to eat healthier and exercise often, get rid of nasty habits such as smoking, and find more time for friends and family. But, even though these often mix with the resolutions an entrepreneur has for their business, the latter require a much careful consideration if you want to create the long-awaited life and work balance, as well as succeed in the business world.
To help you with your resolutions this year, here are the top 10 resolutions business owners should consider this year.
Plan Ahead and Plan Often
If you want to take your small business further, create and cultivate a long-term strategy, as well as small strategies that will lead you to your final goal. Try to step outside of the day to day of building relationships, executing on plans, closing deals, and finding the right employees, etc. Be deliberate about what steps you want to take and where you want them to take you.
“Whatever it is you are doing this year, you should aim to do it by plan. It will help you organize and get the best out of your strategy.”
– advices Hope Richard, a small business owner and writer for Xpertwriters.com.
Take a Step Back
A new year has begun, so it is time to take a step back and take a look at your long-term goals. Did you get where you wanted to be by the end of last year? Did you fulfill last year’s resolutions? Why or why not? To influence the future of your business in the best possible way, check your progress and, if necessary, change and realign your goals and strategies. This is the perfect time to do it.
Mindfulness is not an easy thing to practice, especially not if you are a newbie entrepreneur or a small business owner struggling to make the best out of scratch. You probably have a million things on your plate, but being mindful is a very beneficial resolution for this year. Being mindful helps you become more focused and remain grounded when necessary.
“To be a great leader, you need to be able to take a pause, be mindful and present, and make the right decisions at the right time.’’
– says Thomas Wright, an HR manager at the company Assignment Holic.
Build Your Brand
If this wasn’t on your list of priorities, this year is the great starting point for building your company’s brand. Entrepreneurs today must leverage the power of marketing for the advantage of their business. With the help of SEO strategies and social media, getting your brand out there to a wide audience is easier than ever.
What are the ways to build your brand in 2019? Learn this year’s best SEO strategies, target your consumer with the right marketing efforts, use the power of social media, and be honest and open about your company’s values. The right content at the right time can attract all kinds of customers for your business, and with the right services and products, they’ll easily turn into leads once you build your business’ brand.
Boost Your Internal Communication
In order to make your business succeed, one of your most important tasks is to cultivate team efficiency. The success of a small business depends on the people in it, and choosing the right employees isn’t the only job you have.
Your internal communication can always be improved, even if it is already great. There’s no better place to put this than in your year’s resolutions. It should keep you focused on boosting your team’s performance and making sure their work is productive and enjoyable.
Great communication can improve overall team morale, keep people motivated, and most importantly – keep everyone aligned and focused. Test out different communication strategies to find the one that best fits your company, and try to reduce the miscommunication to a minimum. With the help of some useful tips and technology, you can boost the communication within your company and with it, boost its performance.
Re-check Your Business Plan
It is time to look into that business plan again! Make sure it is consistent with this year’s goal and updated. If you’ve been using the old strategies to get to your goals, this should be the perfect time to review and make some smart changes.
Protect Your Intellectual Property
As a small business owner, you need to take the necessary steps to protect yourself and your business. You might have done this by this point, but check everything before you start the new year anyways. Take all the steps you need to document your copyrights and trademarks, secure your patentable ideas and software, as well as any other intellectual property you have. Enter into agreements with the employees you chose to take part of your team, create some confidentiality agreements with different contractors, etc. It is better to be safe than sorry.
No one can do everything on their own. Even if your business is extremely small, you still have people to help you reach your goals. Use those people and get to the final goal together. Without delegating, you’ll only miss deadlines and finish your tasks partially.
Whenever possible and applicable, let someone else do something of value for your company. This will make your team feel more included and valued, and will help you organize your tasks as an entrepreneur.
Need help keeping track of tasks you’ve delegated to your team? Check out how Daylite can help.
Deal with Problems in Writing
All of the company’s problems should be dealt with in real time, but don’t forget to do this in writing, too. Many entrepreneurs fail to recognize the importance of the written word until it is too late. As soon as you determine what the best action is, ensure that you have documented the issues and actions in writing. Failing to do so might lead to a misunderstanding and complications, and you sure want to avoid it this year and in the years that follow.
Check out these steps on how to document and share decisions using Daylite.
Focus On Your Team
Your team should be motivated and feel valued, so make sure to put them first. Employee matters are one of the most important things an entrepreneur should focus on. If you haven’t done this before, it is time to put it on your resolutions list this year. Deal with employee complaints and matters right away, make sure to follow the employment laws, and make sure that your team is happy in the workplace.
What are your resolutions for this year? We hope this list is helpful for putting your own resolutions on paper (or in Daylite). Whatever your resolutions are, the thing that matters most is to make them come true.
About the author:
Scott Mathews is a long-term freelance writer for several popular writing companies such as Paper Writing Pro and Resumes Planet. He also does guest blogging and part-time work for the company Essay Pro. In his free time, Scott travels with his family of four. According to him, writing is the only career in the world that gives you all the life-work balance you could wish for.