With the new year looming ahead, it is time to get your business in tiptop shape. A new year is a fresh new start for everyone and the same can be said for your business. So, be prepared to dazzle.
1. Increase productivity in your business
Review your current processes and eliminate that which is time consuming and does not work efficiently. By now, you would know what works for your business and what does not. Consider researching new trends in business technology and employing those instead.
2. Reduce your business expenses
Cut out all expenses that are unnecessary and that can be used for emergencies. Do you really need to rent such a big space? Do you need to use this particular material over that? Alternatively, can you use something similar?
3. Hire your first employee
If you find you are bogged down by admin or tedious processes that is just too time consuming and leaves you straddling to get things done, then consider hiring your first employee. This will cut down on time and increase productivity. Consider hiring someone on a temporary basis during your busy period or simply as a test run. Always consult your budget first; perhaps you can afford an employee on a half day.
4. Ramp up your customer service process
No matter what, as business owners, we should know that customer is king. In order to generate income and become a powerful brand, your customer’s response to your product or service is important. Consider revising your customer service to ensure that your customer’s are serviced efficiently.
5. Increase traffic on your business website or blog
There are many educational sites out there teaching you on how to gain more traffic. Consider researching this along with new methods, many service providers offer tutorials free.
6. Launch a new product
Having something that is innovative and in harmony with your business can be an advantage and add more traffic to your site, not to mention, more revenue.
7. Use social media marketing in your business
Social media is a brilliant tool
8. Strategize your posts
It is important to note when your audience is at its peak. Schedule posts, launches, new ideas and
9. Open a business location
If you are still working from your room with towers of boxes, consider opening a business location, if not then a storage space and getting insurance in case of damage. You could also consider a launch party if you are opening up your business to the public.
10. Go paperless
Get rid of all your loose papers, files, and go digital. Store your information on your laptop and hard drive and any other devices as back up. It is better to work in a decluttered environment.