Top 5 tips for business growth
Hello and Happy New Year!
At this time of year we’re bombarded with advice and tips on New Year’s Resolutions, fresh starts, and reinvention. It can be a bit overwhelming. But what if we keep it simple? What if we focus on key areas that are guaranteed to make your business better in 2019? Maybe then we would stand a better chance of quietening the many different voices, pressures and responsibilities and get a bit of clarity!
So here are my Top 5 tips for growing your business in 2019:
1 – Start out with the end in mind…
Where do you want your business to be this time next year? What do you really want to achieve?
Think of the end in mind and make a plan to get there… a written plan… listing your goals for 2019… take time every week to track and rate your progress of working towards executing your plan, getting results with achieving your end goals.
2 – Make time to work ON your business… not just IN your business.
Don’t let your business run you… take charge! This organising cannot be done in your functional day to day role. You need to get your head out of the ‘doing’ and embrace your primary role as business owner. Make time each week to plan and shape your business model, processes and systems for measuring and achieving consistent good results.
3 – Know your output capacity and growth trajectory…
How many chargeable productive output hours does you and your business actually have forecasted? Lay out the 2019 calendar and first schedule key family commitments… school terms, holidays, birthdays etc… now schedule you covering any key team members holiday time and your functional tasks and responsibilities… now include time for working ON your business and growing your network. Know your business capacity, value and contribution. Now how much can you grow without increasing overheads? Does this meet your 2019 budget and goals?
4 – Undertake our complimentary Business Check-Up…
To evaluate where your business is right now and help highlight areas to improve on. This useful tool is available now as a FREE download, click here.
5 – Read this brilliant book: The E-Myth Revisited by Michael E. Gerber
Why most small business do-not work and what to do about it.
We can all learn from this book… a highly recommended read for all Owner Managed SME’s and really brilliant companion material for combining focus on all of the above tips to grow your business in a productive and assured way. Also available as audio book.
Wishing you a really successful and rewarding year ahead and I hope you find these tips useful and practical to implement into your business plans for 2019.
Visit our website www.thriven.co.uk for more helpful tips, tools and news articles and feel free to contact me if you’d like help with planning your business growth.