A new year and a new beginning. A time to start over and correct mistakes of the past year, to refine what could be done better and improve your overall business status. Does your business have a concrete strategy or have the changes and uncertainty in the financial markets shown small weaknesses in that plan that you need to shore up before it becomes more serious?
Melinda Emerson, the small Biz Lady, suggests you implement these 5 important steps as you prepare for 2015.
It’s important to think about both marketing and strategies. Will you offer promotions, run ads or rely on word of mouth? Do any of your business practices need revamping for maximum impact?
Will you upgrade your systems? If so, please take a look at what Torrid can offer: RetirementView Planning Software or WebCalcs®-online calculators that can be built into your webpage formatted in the style of your page.
What 5 Steps?
Look at the Big Picture
Look at the past year. Identify strong revenue months and look for ways to repeat the successes. Look at the places you grew or shrank to help gain an honest perspective on your business.
Do a SWOT Analysis
Evaluate your practice for:
Strengths, Weaknesses, Opportunities and Threats
Quantify Your Business Goals
Once you understand where your opportunities are, focus on 30 day sales goals.
Create An Action Plan
Incorporating everyone on your team will help with accountability and keeping motivation to a higher level. When excitement starts to fade, use your business goals and action plan to keep everyone on track.
Start Delegating
No one can do it all alone! Pass off what you can to the experts. Let RetirementView be one of your tools to make your work load easier.
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