New Year’s Resolutions Help Small Businesses Get off on the Right Foot

If you are like most people, you probably will make a few New Year’s resolutions to get healthier or happier in 2016. But what about making a few resolutions for your business?

Lisa Stevens believes that the New Year is the ideal time for a small business to review its goals and create new ones. In her article, 4 New Year’s Resolutions for Small Business Owners, Stevens encourages small business owners to choose resolutions that will help their businesses thrive in the New Year.

We all know that the first step toward realizing our goals is to set them, the New Year offers the perfect opportunity to review your organization’s goals and create new ones.

Stevens suggests the following resolutions for small businesses:

  1. Plan ahead
  2. Jump start your competition
  3. Re-think your payment options
  4. Manage cash flow

Stevens expands on each of these resolutions and breaks them down into manageable steps. For example, by planning ahead business owners are able to “prioritize how to spend their time and money and set measurable goals.”

Of course, not all business owners will have the same resolutions. Every business will have a unique set of improvements it needs to look at in the coming months.

Whether it’s to decrease costs, grow market share, improve cash flow or get more organized, a new year provides the opportunity to begin with a clean slate.