What would you like 2023 to have in store for you and your business? 2022 saw a perfect storm of world and UK events with a recession looming, apparent economic downfall, the war in Ukraine and the world facing all sorts of incredible challenges. How can you flip the outlook by asking yourself what you can choose to do, and not do, despite the news? Your New Year’s resolutions are the goals you should be making for your business, this year and beyond.
Time for reflection
Taking some time out at the end of the year to reflect on what has gone well and not so well in the business, and setting out what you want to achieve, will make your business planning more effective in 2023. What were your intentions when you originally set up your business – and has any of that changed?
You as an individual are just as important as ‘you’ the business owner. Take time to reflect on how you have lived your life this year and your values. Set out your personal goals. If they don’t align with your business goals, this is an area for attention.
We all know what it’s like when we make new year’s resolutions – they can fly out the window as soon as being busy again gets a grip if not documented!
Out with the old and in with the new
If you write out your New Year’s resolutions, it will make them seem real, and you will restore and revitalize your spirit to take advantage of all the possibilities of the coming year, making this your best year ever! You could also:
- Make time to brainstorm – how about a mind map or vision board? Make it fun!
- Be brave and bold – list everything you’d like to do and how you’d like to do it and list all the things you loved about running your business this year.
- Think about goals you want for your business and skills you’d like to learn or tasks you could outsource. Where are there efficiency savings to be had?
- Do an inventory of your skills – make a big list. You’ll be pleasantly surprised! Make a note of the things you’re not so good at and consider what you could delegate in 2023.
- Research how the market is performing. Despite the doom and gloom in the news, it’s still buoyant out there if you look for the right opportunities.
- Take a look at the SMART goals below. They’re a simple way to get a plan in place and track progress. They must be quantifiable and measurable or you won’t stick to them.
Planning for Success
Look at how you can get organised for the year ahead: Make your goals SMART (Specific, Measurable, Attainable, Realistic, Time-Bound)
Plan, plan, plan and plan some more. Use tools to help you e.g Trello for tracking goals versus activities or Clockify to track time, use a wall-mounted planner if it helps you to see a calendar and be able to write on it. Other tips to help plan for success:
- Be realistic about what you can achieve.
- Money and finances need to be managed in line with goals. By getting a bookkeeper, a means of tracking cash flow and advice from a good accountant, you’re helping navigate the route to growth and success.
- Do you need to outsource those things you can’t do? Or hate doing? Talk to the people who can are experts in their field.
Happy New Year for 2023!
Take the time to celebrate all the things you’ve achieved so far. There have been some incredibly challenging times for so many of us in 2022 – but by looking forward, you can leave behind what didn’t work for you and look forward to what you can achieve in 2023.
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