If you’re like most businesses the end of 2012 probably brought with it stressful deadlines, the organizing of finances, and project planning for 2013. As you enter 2013 there are a few key tips we suggest you follow in order to reap success this fiscal year. We’ve compiled these insights below for your reading pleasure.
Better your time management skills
This year try your very best to manage not only your time, but the time of your employees responsibly. One of the biggest faux pas in business is that time is mismanaged, and thus, projects get delayed and potentially disrupted. Even if you think that you’re managing your time well reflect every so often to guarantee that you are truly managing your time efficiently and not overlooking some obvious time wasting actions.
Make realistic resolutions and follow through on them
Every new year brings with it the notorious “New Year’s Resolutions.” However, most people recognize that these resolutions are usually fleeting and rarely get any actual resolution in the year to come. This year sit down with your top executives and employees and come up with realistic business resolutions for 2013. Recognize your strengths and weaknesses in 2012 and understand what you can do to better your business. Now remember, the key is to be realistic and follow through. A great way to ensure that this happens is to set up quarterly meetings to discuss where your business stands with their resolutions and what can be done to move forward with them.
Take care of your employees
The worst mistake a business can make is mistreating its employees. A business’s employees, no matter how entry-level their position may be, are essential to the success of your overall business. A new year means a fresh start. Make sure there are incentives for employees to do well and follow through with promises that you make them. Satisfied employees make for a vibrant workplace and overall successful business.
Network and build strong business relationships
When it comes to business, networking is an absolute necessity. Building strong business relationships across a wide range of networks is essential to a business’s success. Explore already established business relationships and work to strengthen them. Look in areas where you would like your business to expand and reach out to others that have already succeeded in such industries for advice and insight. You never know when a networking relationship will turn into a profitable business opportunity.