4 new year’s resolutions for small businesses
It’s a brand-new year, and a new chance at growth for your business. Curious about what your business should be focusing on this year? We’ve got answers! Below, we’ve outlined four New Year’s resolutions for your business.
1. Update your business plan
If you’ve established your company the right way, you’ll have drafted a business plan when you first launched your business. Take some time now before the new year starts to review and update your plan. Have you dropped any of your former business goals and/or adopted any new ones? Are you actively looking for investors to grow your business? Do you plan to take out a business loan this year, or seek out a partner? Include all of this, and any other notable changes, in your new business plan.
2. Rewrite your marketing strategy
Use this opportunity to review and refresh your marketing strategy. Is the plan you followed last year still working for your business? Do you need to overhaul your entire strategy and start from scratch, or maybe just make a few changes? Read up on the latest trends in marketing, reach out to consultants if necessary, and get your marketing plan ready for the coming year.
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