The last days of December serve to take stock of the achievements and failures left by this 2020, not only in the personal sphere, but also in business . This time is an opportunity to think about the actions that will be carried out in 2021 and thus achieve better results.
Beyond the goals that are established in the business plan (if there is a formal one), some habits and personal actions can help to have greater discipline and, therefore, impact on the achievement of objectives.
So, taking advantage of the moment to formulate New Year’s resolutions, to your list of intentions for this 2021 you could add these six recommendations that, if they are constant, will help your business grow.
1. Plan each of your business days
Sometimes it is not enough to keep in mind what has to be done, you have to divide the tasks into short, medium and long term, in this way it is easier to organize. So writing them down on a piece of paper and ordering them according to the priorities of the day will help you to progress daily towards the achievement of your goals.
Likewise, in addition to time, planning is necessary in any of the processes and in the different areas of the business, as this contributes to not wasting resources of all kinds. Getting organized allows you to be more efficient.
2. Be clear about the business model and strategy
To attract investors it is essential to be clear about what the business objective is and what are the actions to be taken to achieve it. In this way you will be more convincing when selling your project.
3. Measure financial results
Once this is done, any amount of money that is disbursed must have a return on investment (ROI). Especially if your business is in an early stage, prioritize expenses until it is so profitable that money can be spent on actions whose ROI is difficult to measure, such as branding strategies, for example.
4. Make yourself known
You can have the newest business, but if nobody knows it, it will not stand out from the others. It does not take large investments to launch a marketing campaign that reaches your target audience, for example, social networks are platforms that can help you be visible to your potential clients.
5. Balance work and free time
If this is not achieved, it is very likely that physical exhaustion and the lack of time to carry out other activities outside of work can considerably reduce productivity and prevent creativity from flowing. Being in other environments away from the office can awaken the senses and emerge unconventional ideas that apply to the business.
6. Continuous training
Growing your business requires knowledge in the field, for this it is advisable to take courses frequently, either in person or online. Go with mentors or read about business management, leadership, among others that relate to the industry in which you are involved.
Finally, whatever your purposes, remember that perseverance is important so that these good intentions do not remain in the pipeline and become profitable habits throughout the year.
And you, what purpose would you add to the list? Share it on our social networks!