2020 has undoubtedly been a challenging year for entrepreneurs across many niches, but the new year represents a fresh start. With a vaccine on the way and greater understanding of the COVID-19 disease, perhaps 2021 will be the year when businesses can return to their former glory and use the lessons learned from the pandemic to enter into new markets. To give you a helping hand, we’ve rounded up seven days to make your business successful…
Outsource time-hogging tasks
Successful business owners understand the importance of good time management and use their initiative to outsource tasks that they don’t have time for. Amongst those are cleaning, security, workplace design, and grounds maintenance. There are many UK facilities management companies, but amongst the highest-rated is Precision FM, offering a full suite of services for businesses with physical offices or retail spaces. Save time and avoid stress.
Network online
Traditional networking events and exhibitions were cancelled in 2021, but there’s no reason why you can’t turn to the internet to network with like-minded entrepreneurs. Networking is one of the best ways to increase your business, unlocking huge opportunities for savvy pros.
Make redundancies
In today’s challenging market, you cannot afford to sit on dead wood. If you’re concerned that some members of your team aren’t bringing in the revenue or productivity you demand, it’s time to have a think about their long-term position. Making redundancies is never nice, but it’s sometimes a necessity. Think clearly before making any drastic changes, though.
Up your marketing campaign
With consumers spending more time on their phones than ever before, it’s vital that you have a strong marketing presence online. Invest in social media, SEO, content, and video, and make sure your brand is seen ahead of your competitors. It takes time and requires an investment, but digital marketing will pay dividends when done consistently and strategically.
Expand your team
Rather than making redundancies, consider the benefits of expanding your time in the new year to reach more consumers and businesses. Conservatively scaling your business can result in significant benefits, and the new year is a perfect opportunity to invest in new talent.
Enter new markets
The COVID-19 pandemic forced businesses to go in new directions overnight. The chances are that you have spotted a new gap in the market, where businesses or consumers could benefit from your services. Now is the time for a fresh start – exploit available opportunities.
Have an action plan
Finally, make sure you have a clear action plan so that your business can thrive in the new year. There’s no point in spending money or making big changes to your operations if they don’t form part of a wider plan. Sit down with your key people and get ready for the future.
Do you have any other tips? Let us know and check back soon for more news and advice.