4 Tasks Business Owners Can Tick Off Their List By December 31
Christmas is over and now is the perfect time to relax and spend time with your family members and friends. While many people see the holidays as a period to be idle and do nothing, it can provide an excellent opportunity for you to invest in your business ahead of the New Year and ahead of your competition.
Let’s take a look at the 4 tasks you can tick off your list before midnight strikes on 31 December 2020.
Set up your business budget for the New Year
The end-of-year holidays are the perfect time for you to reflect on the business budget. You can also set your budget and sales target for 2021.
While it is time to have a good work-life balance by taking time off your business, it is also essential to have your budget and goals in place ahead of 2021 as your clients come back to work in January.
Develop a marketing plan for your business
Use this break to develop a strategic marketing plan for your business! You’re not likely to meet your sales target for 2021 if you don’t have a good marketing plan in place.
You can make the most of this holiday by taking time to strategise ahead of the new year. This break is also the ideal moment to lay out the course of direction for everyone in your organisation.
Go through your organisation SOP’s (standard operating procedures)
As a business owner, you have to ensure that your business is headed in the right direction. You’ll also need to take action to ensure your business stays on track for a bright future.
Take time out during the break to go through your staffing structure, recruitment process, billing procedures, the onboarding process for new intakes, and organisation strategies. This may seem boring but it will allow you to focus on increasing revenue and growing your business.
Review your website and social media profiles
Your website and social media profiles provide the first opportunity to make a first good impression on your clients. Investing a few hours now by taking the time to review your current website and existing social media profiles means you can give these online assets a facelift and ensure that your message is relevant to your target market. You can also take time to study competitor’s websites and see what they are doing differently.
With the right balance of relaxing, rest, feasting, planning, budgeting, you can ensure the holiday period sets you up for a stress-free environment that kicks off your business in 2021 on the right foot. Putting you in the right position to generate positive energy, momentum, and cashflow all before the clock strikes midnight on 31 December 2020.