Impressive New Year’s Resolutions such as ‘growing your business profits by 10%’ or ‘launching your small business in a new market by the end of 2019’ are a great way to provide a focus for your business throughout the year.
However, they need to be well thought out and a step-by-step plan devised to enable you to achieve these goals, they’re not as straight forward as resolving to go to the gym once a week! Putting the foundations in place so you can fulfil your small business’ New Year’s Resolutions could be a NYR by itself!
To this end, here are 5 New Year’s Resolutions to help you make 2019 a successful year for your business:
5 New Year’s Resolutions for your small business
- Get organised!
What holds many of us back from achieving New Year’sResolutions and business goals is not having the processes and systems in place to easily put our plans into action. If your business is in a bit of a mess, clear the decks (and your desk) and get organised.
There are lots of online tools and apps that can help you streamline your business and be more productive. Identify the areas of your business that need help and make your first priority of 2019 to put processes and systems in place to automate and simplify some of the operational aspects of your business
2. Learn to delegate
If you want to focus on business growth goals you might not have time to do everything else in your business. Your time might be better spent focusing on strategy and revenue generating activities, not managing the day-to-day operational stuff.
Identify the areas of your business that you can delegate such as accounts, digital marketing or admin, and delegate it to someone who has the time to do it. If you don’t have someone in-house you can delegate to, there are lots of people offering digital outsourcing solutions such as virtual PAs, social media managers etc., many of them will do a much better job than you can!
3. Set realistic goals
New Year’s Resolutions fail when they’re not realistic, this is true whether they’re business or personal goals. While it’s important to aim high (see Gareth’s post on the flea in the jar mentality), don’t set yourself unrealistic goals.
For each of your New Year’s Resolutions work out how much time and resources they will require, what you can delegate and what you will have to do yourself. Based on this information you’ll have a better idea of whether you can achieve them in 2019, or if they should form part of your longer term plans.
4. Join a business support group
A great way to commit to your New Year’s Resolutions is to join a group that can offer support and accountability. If a personal NYR was to lose weight you might join an organisation like Weight Watchers or enrol in a programme at your local gym. For your business NYRs, a group like The Bordon Hub provides you with support, skills and connections that can help you achieve your goals.
Most importantly it adds an element of accountability into the equation, helping you to put into action the steps required to get the growth or development you want out of your business. Attending one of the Bordon Hub’s free Jumpstart January roadshows is a great way to learn more and jump start your business in 2019.
5. Make room for ‘Me Time’ in your schedule
All work and no play not only makes Jack a very dull boy but can also lead to burnout and stress. If you want the energy and resilience needed to fulfil your small business’ New Year’s Resolutions you’ll need to also schedule in time for yourself.
Me time doesn’t have to mean doing nothing. Playing sports, going to the cinema, eating out or enjoying a walk in the countryside are equally as good as sitting in a corner meditating! It’s all about changing your focus on a regular basis away from your business, and doing things that make you feel good.
If you can achieve these New Year’s Resolutions you’ll be in a much better position to achieve your bigger goals. Make these a priority for 2019 and give yourself a great start!