10. Talk to your accountant. With new tax law changes, businesses should know specifically what the impact will be on their finances. You may want to make adjustments or investments based on the law. Therefore, you should learn how this affects your specific business.
9. Set goals for your business. Earl Nightingale said “people with goals succeed because they know where they’re going.” Where do you want your business to go?
8. Talk to your government representative. If you are having challenges or problems with your business because of local, state or national laws or regulations, speak up. Make time to share your concerns with these representatives. If you don’t know where to go or who to speak to, contact the Chamber. We want to be the voice for businesses in our community.
7. Review your marketing plan. Your plan should clearly layout how you will reach your target audience and how you will set yourself apart from your competition. Check out the following website for a listing of small business marketing ideas: https://www.thebalance.com/small-business-marketing-ideas-2951688
6. Learn how technology can support your business. Technology may help improve your business’ productivity. Maybe it’s time to upgrade your point-of-sale system or make your website compatible to mobile devices. Consider the options that can help you save time and/or money.
5. Ask questions. Talk to the experts and mentors around you to learn more about how you can build or grow your business. There are lots of people you know (or would like to know) who may be able to offer suggestions or advice, so don’t be shy. Ask!
4. Engage your employees. Share your plans and goals with your employees. Get their input or perspective on how to go about achieving those goals. Also, celebrate the achievement of goals with them. Often times, your employees are the face of your business so it’s important that they are well informed and supportive of the business’ future.
3. Identify your resources. There are so many different organizations in our community, state and nation that support businesses. Consider joining a business-specific association such as the Chamber. One of our goals is to provide businesses with the resources needed to grow and improve their business. Let us know how we can help you.
2. Evaluate your financial position. Based on the goals you set above, you may need to adjust your financial plans. Talk to your financial advisor and/or bank to see where you can maximize your finances to meet the goals you’ve set for your business.
1. Get involved. The best promoter of your business is YOU! Therefore, consider getting involved in new organizations or activities that not only support the wider community but also give you an opportunity to share more about your business. Have your “elevator speech” ready and share it!
10 Tips for Businesses
10 Tips for Businesses