New Year’s Resolutions to Better Your Business in 2019
Every year millions of people make resolutions to better themselves, but what if you took the same approach for your business? What better time to set a culture for change and an atmosphere of growth than the beginning of a New Year? Consider implementing these resolutions to better your business in 2019.
- Purpose over comfort.
This New Year’s resolution should be at the top of every business owner’s list. One of the most dangerous things that you can do as a business owner is to become too comfortable. Becoming comfortable causes us to lose sight of our purpose, and once we lose sight of our purpose we lose passion. Take a few minutes this year to remember the passion that gives your business purpose and don’t allow your business to be limited by your comfort zone.
- Be intentional.
Intentionality is something that cannot be falsely represented, which means it must be authentic. Being intentional means living with purpose. As a leader you have the ability to set a culture derived from intentionality or default.
Make it a priority this year to be more intentional in every aspect. Make conscious decisions. Ask your intern how her final exams went. Let your receptionist know how much you appreciate the work she does. Being intentional goes a long way and can be the differentiating factor between success and failure for your business, both internally and externally.
- Set new goals and realign your existing ones.
Setting goals is one of those things that business owners do on a regular basis, but how often do you revisit and evaluate your existing goals? Set aside time this year to revisit the goals that you have previously set for your company and realign those goals to your current business position.
- Plan strategically, organize, and communicate.
After redefining your ultimate purpose and evaluating goals, create a strategic plan that describes the steps you will take to achieve your goals. Focus on setting realistic, attainable goals while also catalyzing internal and external growth. Once you have set goals and determined how you will achieve them, it is imperative that you not only communicate these goals to your team, but to also ask them for input and feedback. Investing in your team and investing in external help can be the difference between actually achieving your goals verses merely going through the motions.
- Determine weak areas and invest in improvements.
As you evaluate your goals and plan for a new year, at some point in your career as a business owner you will identify weak areas that you do not have the time, capacity, or resources to devote to its improvement. Any experienced business owner will tell you that investing in external resources is one of the smartest business decisions that you will make in your career.
Running a business, managing a team, and managing customers is no easy task and leaves very little time to focus on anything else, especially areas that you are not familiar with. Don’t allow your business to be limited by your personal knowledge.
Developing a close relationship with your CPA can make a huge difference in business development. Our clients are our priority and we strive to offer our clients more than your typical accountant. We believe that a continuous relationship with your CPA throughout the year is the best way to ensure that you are taking every advantage possible to develop your business. We know that every business is unique and has specific needs, which is why we utilize a fixed pricing business model that is tailored to each specific client based on their specific needs. Some examples of services that we offer throughout the year include quarterly income projections, planning strategy sessions, and much more. Knowing where your business stands during the year opens the door to endless opportunities of growth.
Contact us today to see how we can help you better your business in 2019!