‘The year is still young’ so if you are a business owner, it is a great time to make all the adjustments and revisit our business goals. Research shows that it is only resilient businesses that survive the past three years. If you want to be in this category, it depends on how you plan to grow your business. This year, be deliberate with your business growth. The following tips would help:
1. What is your business plan?
You need to take a fresh look at your business plan. Review it to ensure it is still aligned with your current company goals. Change what needs changing. If you don’t have a business plan, work on creating one. You can get free templates online.
2. What are your business resolutions?
It is wrong to make plans without goals in mind? These are your business resolutions. You would have to adopt the S.M.A.R.T technique. Ensure your business resolutions are smart, measurable, attainable, realistic, and timebound. This year be specific with your goals and ensure you can measure the results of your accomplishments.
3. Get smarter
Invest in personal and career development. Don’t just read books, also read industry blogs, books, magazines, and anything else you can get your hands on to be good at what you do.
4. Be a good team player
Launching and running a business can be rewarding and stressful. Work with the right team, motivate and invest in them to achieve your business goals. The business burden is made much lighter when it’s shared with the right team.
5. Network
Attend events and workshops to increase your knowledge. Stay inspired and motivated, discuss new concepts, and exchange ideas with people you meet. Maximise your network opportunities. Reach out to people you admire on social media.