Home Business End of Year Plan for Your Business

End of Year Plan for Your Business

by Olufisayo
Business new year

We are approaching the end of another year, who’d have thought we would make it through. A lot can change for a business in a year; you’ve probably had your ups and downs, made mistakes, learnt new lessons and developed now skills.

Now is a really good time to reflect over what has happened during the past year. Thinking about everything you have achieved and tying up any loose ends is a great way to ensure you enter into the New Year fresh, organised and ready to roll.

Prioritise your ‘must-do’s’ before you take some well-deserved time off with our end of year business activities and start your 2018 off to a running start.

Business new year

Examine goals

Look at the goals you self yourself last year. How many did you achieve? How many didn’t you manage to accomplish? Did you get anything over and above what you had planned to get? It’s a great way to determine how much of a successful year you have had.

If you haven’t already, you need to create yourself a vision board, a place where you can put everything you want to achieve for the next year. It could be anything from income growth, to a new car, to doubling your client base. A creative space in which you can get excited and plan for your achievements.

Praise yourself for things you have achieved and set new goals for the things you haven’t. It is important to not be too hard on yourself and reward yourself appropriately, as a business owner no one is going to commemorate you for things you have done so make sure you do it yourself!

Up your game

It’s important to make consistent improvements throughout your business growth. Get in the mind frame that you are going to achieve big things next year. Affirmation is a great way to do this, tell yourself on a daily basis that you are going to succeed and it gives you the confidence you need to do whatever it is you are setting out to do.

Make detailed action points and clear plans of how you are going to grow as a business next year. Thinking in a step-by-step way is great to stay on track throughout the year. Set mini goals for the end of each month or quarter throughout the year leading to a larger overall goal by the end of the year. Improve work dynamics if you employ staff by giving them energy and motivation to succeed, planning corporate events is a great example.

It’s important to measure progress along the way, find somewhere to keep notes on how you have progressed and things that have happened so that you can look back on patterns and things to learn from.

Take some time out

It’s important to remember that you need to take some time out to relax and recuperate ready for the next year ahead. Time out of work is just as important as time put into work, you will be surprised how refreshed you feel after a break and coming back to work with a clear head is the best way to start the year.

Take the time to do things that you really enjoy, it could be spending relaxed time with the family, celebrating with loved ones, playing golf, or just not getting dressed and watching Christmas movies all day. Whatever it is you choose to do, do it well and get ready for a fresh you when you get back to work in 2018

Make a promise to yourself ready for next year that you will make it your year and with some careful planning and goal setting, there is no reason why you can’t!

Related Articles