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Archive for December 2011

21
Dec

Business Planning Tips for 2012

Christmas is close to the end of the business year for many businesses. It is the perfect time to start thinking about your business planning for the coming year. You’re already going through the books so why not include some analysis and decide on your goals to ensure that your business prospers over the coming year. Setting measurable business goals is not a major task but an essential one for continued business success. Here are some pointers.

  • Evaluate this year’s achievements.

Start by taking a look at where your business is now and how it got there since the start of the year. Pull out your business plan and any other relevant documents such as this year’s action plan and review your goals.

Did you accomplish what you set out to do? If not, why not? Make some notes about how you accomplished your goals or why you fell short. It will be useful when you look at your business planning for the coming year.

  • Plan for the coming year.

Once you have done your review you’re ready to start working on next year’s business plans. This means:

·          Set next year’s goals.
(Before you set any goals make sure you are setting goals that are going to help you accomplish what you want to accomplish.)

·          Prepare your action plan or plans.

·          Start executing your new action plans on day 1 of the New Year.

But of course, getting ready for business building in the New Year is not the only thing what the Christmas season is all about. It’s also about taking time to connect with the people around us and relaxing. The holiday season is meant to be a happy time, not a business ordeal. Applying some simple time management strategies when you’re busy can help to keep your sanity and appreciate the real joy of the season.

Unfortunately, there are many people these days who believe that running a business is a 24/7 commitment. Are you one of those? If you find it hard not switch your cell phone off during Christmas dinner then you need these few tips to ensure that you and your family can sit back and enjoy the holiday season.

1. Don’t:

Try to arrange meetings with clients on the 24th, 25th, or 26th. You need to appreciate that most other people actually do take a few days off. This does not make them bad business people. Much better if you try to emulate them and try to take at least one or two of these days off yourself. You may just surprise yourself when you realize how invigorating a short break can be.

2. Don’t:

a) Make or take business calls during Christmas dinner.
b) Get up from the table during Christmas dinner to check your email
c) Interrupt Christmas dinner to go and collect your business planning papers
(Those calls, emails and paper are far less important than your family and friends).
3. Do:
Remember to tell your family beforehand if you are planning any business related events in your home during the holiday season. A surprise, such having your clients arrive for a Boxing Day brunch without having told your family about your plans, will soon dampen the Christmas goodwill spirit.

Merry Christmas and Best Wishes for a Happy and Prosperous 2012 to you and yours!

May your Business Success see a healthy growth in the coming year.

Merry Christmas