New Year’s Resolutions for Your Small Business
Have a Plan in Place for 2023:
Are you planning for growth in 2023? Have you set clear goals with measurable key performance indicators (KPIs)? If you do not have a strategic plan in place, now is the time to get your processes and plans documented for the new year.
Create an Enjoyable Workplace:
Competitive pay is still important, but today’s workforce is also looking for work-life balance, opportunities for growth, flexible schedules, company culture, and more. Do you know what matters to your employees?
Know Thy Customer:
Your customers are having a conversation about your business on social media, through online reviews, during customer service calls, and more. Are you listening to what they have to say? Are you part of that conversation?
Refine your Brand and Online Presence:
What comes to mind when people think of your business? Are your marketing efforts actually reaching your customers? Review your branding and plan your marketing strategy for the upcoming year!
Take Control of your Cash Flow:
The old adage is correct: “Cash is King.” Do you know how much you’ll need for 2023? Cash flow projections will help you understand how much money you need to cover your expenses and achieve your goals.