What are your business new year’s resolutions?

When the clock hits midnight on New Year’s Eve, we’re all quick to share our new year’s resolutions. Many of us stick to the classics – lose weight,  quit smoking, get fit – while some of us opt for something a little more bold – taking that sky diving course, going trekking in Nepal, having a child. But how many of us think about our new year’s business resolutions?

new-year-resolutionJust like our mind and body, our business needs to be revitalised every now and again to stop it from becoming stale.  You probably spend just as much (or for some of us, more!) at your business as you do at home with family and friends – so why do we never think to rejuvenate our business each year?

It’s important that we sit down in January and set out an achievable list of goals and objectives. Write yourself a business plan and stick it on your wall in front of your computer to make sure that you are reminded of it and constantly working towards it.

Do you want to roll out new services this year? If so, this is the time to start thinking about it. Write up a budget and a workable timeline for getting a new service up and running in 2012. For example, if you would like to start up a rug cleaning facility, calculate how much it will cost to undertake training, purchase your equipment and hire new staff (if necessary) and how long it will take you. If you then decide you will be able to make this possible by the middle of the year, you have a definable goal to work towards. That way, by this time next year you will be making great money of a new service that you put into place in 2012.

checklist1Here are some things you may want to think about for 2012:

  • Do you want to roll out any new services this year?
  • Do you want to purchase any new equipment this year?
  • Do you want to hire any new staff this year?
  • Do you want to work ON the business this year, rather than IN it?
  • Do you want to work less hours this year? If so, how can you go about doing that?