What are your business goals for the year ahead?
What will you do differently this year to enable your business to thrive? Conducting a past-year review with our experienced advisors will provide valuable insights for this year's goal-setting. We can help. Get in touch today.
The beginning of a new calendar year is an excellent time to review the year just finished and reflect on what worked, what didn’t, what you’d like to change and new things you’d like to implement.
Take the time to review the year and acknowledge all that has happened, good, bad or indifferent. Examining the year with an objective perspective can provide valuable insights to prepare for the next business year. Planning and goal setting will help provide a focus for your business efforts.
Your Yearly Business Review
- What were the most significant impacts on your business in the last 12 months? How well did you meet the challenges?
- What worked well last year? What systems, technology, products or services were successful?
- What accomplishments can you celebrate?
- What situation, event or experience provided the biggest learning opportunity?
- What is the biggest challenge or frustration you face as you prepare for the year ahead?
- What did you most enjoy during the year? Do more of it. What did you least enjoy? Do less of it!
- Analyse your financial reports. Are you earning what you’d like to? Is the business sustainably profitable?
Get Ready for a Great Year
While there are many metrics you could evaluate to track business performance, we’ve given you just a few ideas to inspire your business planning for a positive start to the year.
If you’d like to chat about what you can do differently this year to enable your business to thrive, book a time with us today.
Get in touchRelated Articles
Understanding your revenue drivers
Understand your revenue drivers to boost income. Explore channels, streamline products, and balance value vs volume for higher profitability.
Read OnKey ways to overcome rising costs and expenses
Combat rising costs by cutting expenses and boosting revenue. Streamline operations, negotiate with suppliers, and explore new markets and products.
Read OnHow to protect your retail premises
Protect your retail business with the right insurance, location, and measures. Stay prepared with a business continuity plan and community support.
Read On