The New Year is coming and it’s time to think about great ways to reinvent your company. It’s time for a refresh your brand and to come up with ways to restart 2016 the right way. Perhaps you’ve been working steadily all year and haven’t really put much thought into the big picture, ways you plan to grow, or how to fix those common customer complaints.
This is the time to handle these issues and start the year off right. You want to make sure you aren’t hurting your income or stressing yourself out because your business isn’t progressing and you don’t want to leave issues unattended. Here is a look at how to reinvent your small business for the New Year.
What does this mean exactly?
You can reinvent your business without having to create a new business or start yours from scratch. Essentially, reinventing would be to create more partnerships this year, make more time in the day to grow your business, figuring out why your employee turnover rates are too high, and finding ways to increase the number of resources for your business marketing efforts.
Dealing with one problem at a time
Once you’ve determined the areas to focus on for the New Year, it’s time to tackle one at a time. Having multiple challenges in your business is normal, but handling them all at once can be overwhelming. Start blocking off a chunk of time during the week to make a list of the issues that need to be solved and start prioritizing what should be done first. What ideas can you brainstorm to solve these issues? Make the list and you’ll have a great start.
Your list may show that your retail store is doing great with customer service but your business strategy hasn’t been touched in a while. It may be time to consider working on the strategizing after hours, cutting your hours down to have more time for it, or simply hiring a sales rep to take the customer interactions off your plate.
Kick it into high gear
Once you’ve decided what your problems are, how they should be fixed, and what needs done first, it’s time to kick your solutions into high gear for 2016. Start attending business workshops, seek business counseling, and start reading books on how to improve business.
You may find even more solutions to your problems or how to better utilize your current resources. Start implementing the changes you would like to make to help improve business whether that’s a change in your budget, a change in your weekly schedule, or bringing in more help in certain areas.
Consider reinventing your business for 2016 so that you can finally get a break from feeling overworked, watch your business grow, and fix areas that seemed neglected this year. Make sure to use SMART goals when you go through the process. This will make it easier to manage your goal and move forward in 2016.