Set Resolutions To Change Your Small Business in 2018

Resolutions are not confined to our personal lives. You can also create impactful resolutions for your small business.  Make the decision to do something different to bring about positive change not only for you but for your business.  Here are seven possible resolutions you should set this year.

Take steps to improve my digital presence

Social media changes at a rapid pace, so there’s a very good chance you may have missed out on several new platforms you could be using to promote your business. Many companies are allocating more and more funds for marketing with Facebook, Twitter, and LinkedIn. You can easily reach out and market through other platforms as well. If you’re not active in the space, you’re missing out on opportunities your competition is probably taking advantage of.

Grow my team and delegate more

Sometimes it just seems easier to do it yourself but that’s not always the case for an effectively growing business. If you have more work than you can handle and no time to focus on growing your business, it’s time to stop wearing all of the hats in your business and start bringing in others to pick up the slack. Work on the bigger picture for your business to achieve growth. After all, teamwork makes the dream work.

Learn how to manage my cash flow more effectively

If your startup company is having trouble managing the ins and outs of your money seek some professional financial guidance. If you’re looking to cut expenses have been unable to create enough capital to invest back into the business, or those who don’t really understand the day-to-day finances of the business consider tightening up your marketing strategy.

Promote your business regularly and consistently.

Promote your business shamelessly! If you want to attract new customers, you have to make promotion a priority.  One of your top New Year’s resolutions should be to hire a marketing expert or take the time to create a marketing plan on your own and follow through to build up your company.

Become a better communicator

Frequent issues with misunderstandings among your employees, lack of employee morale and consistently wasting time repeating the same information over and over is a sign that you are communicating ineffectively. Sometimes being a good communicator means listening. Give your team the opportunity to express their ideas that will possibly benefit the business. This approach helps you listen better and be a better boss.

Join a new business organization or networking group.

Great minds think alike and when they come together they can make magic. There’s nothing like talking to other business people for sparking new ideas, refining old ones, and making contacts. Being apart of a business new connection is always a plus to grow your company. By making the effort to be a part of a group will revitalize you and your business.

Set realistic goals.

The high of the new year may lead to some of the top resolutions that unfortunately cannot be meet realistically. Keep in mind what you’re capable of starting and finishing. Resolve that the goals you set will be goals that are achievable, rather than unrealistic pipe dreams that are so far out of reach they only lead to frustration.