1. Business Goals – Expand your marketing
It’s important to pull new customers in by expanding your marketing rather than sticking with the status quo. For example, a few years ago, most workers were in the age range of 25- 44. Instead of keeping the same content or making a broad sweep, tailor your approach to speak to target audiences using specific demographics. By doing this, you’ll meet potential clients where they’re at, and that means you’ll raise your profits by expanding your clientele. For example you can start a search engine optimization campaign to reach out to more audience or redesign a new website.
2. Business Goals – Think about growing your business
It’s always a good idea to change things up to draw in more people. Consider adding a second branch that will make it more convenient for clients in outer locations. Or, you may want to simply move your office to a new spot. You can maintain past relationships while picking up new customers.
3. Business Goals – Get updated with technology
If your equipment or technology status is behind the times, think about updating. It may seem like a big expense to have the latest tools for the trade, but over the long run, it’ll save you money by allowing you to be more efficient. Start by talking with your staff about possible new software that can help everyone, and let them join in the discussion.
If you can’t afford a major technology upgrade, you can always apply for a small business loan with a reasonable payback rate. Some important changes to consider include:
- New business signs
- New Customer Relationship Management software programs
- Supplies and furniture for your office
- Machines and heavy equipment
Sit down with each department and have an open discussion time so that you can go over how what seems like an unneeded expense can actually be a big benefit.
4. Reward your employees.
One of the best ways to keep your business running smoothly is to keep employees happy. Some of the less expensive ways you can encourage them to stick around are:
- Offering remote work options
- Providing cross-training
- Letting employees leave earlier on Fridays,
- Having a break area on hand
5. Think long term when goals setting.
Rather than just prepare for 2018, think about the bigger picture by coming up with a five-year business plan. When you’ve established what you’d like to accomplish over the long haul, break that down into smaller, manageable goals year by year.
How you conduct your business will improve as you attain your goals and improve employee and customer relations. If you cover each area by setting goals, you’ll be ready to knock out the new year with success. Good luck to your business goals.