How has this year treated your business? With 2018 rapidly on its way out the door, it’s time to take stock of the goals you managed to achieve when you decided to start your own business. Sometimes, the day to day running can be so all-consuming, we forget to check back in with our original intentions. It’s also the perfect time to think ahead to 2019 and plan out how you want to shape the year ahead. Here are four resolutions for small business owners that could make next year a powerful one.
The Year To Get Social
Social media has been a boon to niche businesses, allowing them to connect with new audiences and spread their messages. But it can be a full-time job to manage. Knowing where to start can be overwhelming. However, 2019 could be the year to tackle it. Start by exploring which social network is best suited to your business. Then work on tailoring a content strategy around that channel. In addition, if you haven’t started making video content yet, make next year the year you give it a whirl. All you need to get started is a reliable smartphone.
The Year To Learn Every Day
As a business leader, continuing your professional development should be at the top of your list. After all, you are your own main resource and your skills and enthusiasm are the driving force behind your business. But when there are a million things to do in a day, your own learning is easy to shove to the bottom of the list. Make it a priority in the new year by signing up for a business development podcast or reading books by strategists and coaches such as James Arthur Ray. Even just a few minutes a day can inspire and challenge you to achieve more and remain excited about what you do.
The Year To Delegate More
For those who have built a business up from scratch, letting go can actually be the hardest thing. Your business is your baby, and you’ve grown it and nurtured it through your own hard work. However, in order to flourish it’s important to learn to delegate and recognize the skills of others and what they can bring to the table. Focus on building your team the right way in the coming year and your expansion goals could be well on track.
The Year To Manage Cashflow
Cashflow problems overwhelm and ruin many a promising small business, as the ups and downs can be huge when you’re first starting out. Get to grips with your financial accounts and make sure that you’re staying on top of the day to day transactions. Look to invest in some cloud-based accounting software to automatically make payments and let you balance the accounts wherever you are.
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