The start of a new year is an ideal time to reset your business goals or make some new ones. Goal setting is a good way to start the year, much like a new year’s resolution for your business.
Have one or two key goals that you can focus on, one longer term for example over a couple of years, and one over a shorter time frame perhaps 3-6 months. An example of a good business goal would be something that is measurable like; acquire 10 new customers with an average spend of $100 in the next three months.
Thinking about what you want to achieve in the year ahead, can be scary, but it’s also a time to consider what has worked for you and what no longer serves you in your business. Out with the old and embracing the new, is important to on-going business success – challenging yourself to try new things and make changes is better than being complacent.
Decide on one or two of the most important things that you would like to focus on achieving – a big project that can be accomplished within your business during the year.
Many business owners get overwhelmed by how much there is to do, but if you pick one big project per year you can steadily progress to where you want to be whilst still managing the day to day functions of your business. Some examples would be a rebranding project, revamping your website, remodelling the interior of your shop, building key stakeholder relationships.
By taking some time to reflect and think, use the holiday period to map out the year ahead and start your 2019, clear on what you want to achieve.