Monthly Archives: December, 2019

Have You Thought About Your Goals For 2020?

December 18th, 2019 Posted by Uncategorized 0 thoughts on “Have You Thought About Your Goals For 2020?”

Have you given any thought to what you want to be doing in the new year? Are you clear about what your main objective for your business is at the moment? Do you know what you want to achieve ?

When you’re working toward a long-term or ambitious goal, it’s important to break it down into small and manageable steps you can tackle every day. But while you’re focusing on taking it one step at a time, you should make sure you are clear on what you are working towards.

From setting achievable goals to organising your tasks, there are many key ways to ensure your focus is always on the most important/time sensitive thing – whether it’s at work or at home.

Increase clarity about your company’s goals for the new year. Understand and articulate what type of effort will be required, the motivation behind each goal, and why they are important to your business. Create action plans to reach your goals by breaking them down. Turning long-term goals into daily actions will establish commitment to seeing goals through to completion and save you a lot of time in the long run.

By this time of the year you may feel like you have exhausted all of your resources and you may feel stuck on where to go next. This is when you may want to consider opting for outside guidance, especially if you are looking to achieve a significant amount of growth or change in a shorter period of time, ie. before the end of the year.

Everyone loves a problem-solver. But sometimes we spend too much time looking for answers that we just can’t find ourselves. If you find yourself spending your day doing this and it’s taking up most of your time..don’t be afraid to ask for help!

No matter how successful your business has been with just you and your small team working in it, if you want to grow you’ll need to employ people who can do the tasks you may not have time to complete. Invest in the right team so you can move your business forward the smart way, not the hard way.

It’s not easy to find the right people you need to build an effective team, but this is something we could perhaps help you with. We’ve got a team that specialises in finding the missing piece to your puzzle.

5 Business Tips You Need For 2020

December 18th, 2019 Posted by Uncategorized 0 thoughts on “5 Business Tips You Need For 2020”

As an entrepreneur, you may already have a whole range of tips and tricks to help you save time, money, and increase your efficiency. If you feel a little disorganised, don’t fret. We’ve compiled a list of strategies to help you streamline processes, register your ideas, and master your to-do lists as the year comes to an end.

1. Stay Innovative

One of the keys to any successful business is being able to come up with new ideas, improving services or creating dynamic products. Innovation could mean changing your business model and making changes in the existing environment to deliver better products or services. Successful innovation should be a part of your business strategy, where you can create a culture of innovation and make space for creative thinking. It can also increase the likelihood of your business succeeding and can create a more efficient process that can result in better productivity and performance.

2. Don’t Do It All By Yourself

The key to leadership success is to learn to effectively delegate both the responsibility for completing assignments and the authority required to get things done. There are so many different tasks that are involved when running a business, and there will be some that you may not be best at.

So avoid the mistake of trying to do it all and increase the chance of your business succeeding by getting the help you need. Learn how to delegate, hire and outsource to make the most of your skills and benefit from outside expertise. For example, do you really need to do your own financial reporting? Finance Directors have a lot more financial knowledge than you have, more than likely, and can save you a bundle of time (and even money!) during the growth stage of your business.

3. Use Mistakes As An Improvement Tool

Mistakes are what make us. Making mistakes in your business are ultimately what enables you to grow going forward. Everyone has experienced a fair few mistakes when running a business but you should credit them with giving you the tools you need to improve.

To be able to pinpoint all the mistakes and draw valuable lessons, put your goals into perspective. Were they unreasonable? Did you attempt to bite more than you can chew? Then you identify the differences: define the gap between what you expected and what actually happened, and you’ll get just a little bit closer to reasons why the endeavor was unsuccessful.

4. Avoid your email

Want to know one of the biggest distractions in the workplace? Your email. Many people spend their whole morning (and sometimes afternoon) just checking their emails. Don’t go down the black hole of email. Schedule a block of time to check your emails and start with only the most important ones. Check the less important ones at the end of the day after you’ve got all your work done. If you can outsource your email management, do it! You’ll be amazed how much time you can save and how much more productive and less stressed you’ll be.

5. Take Breaks

It is important to stay focused on your work but it is also important to take regular breaks. They allow you to cleanse your mind and come back refocused. Take some time out to take a few breathers throughout the day. Use this time for things like checking your LinkedIn, company’s latest news, or just simply relax. However, be sure to stick to this schedule. Once you start taking quick little breaks to check your phone or what your team is getting up to, your lost time adds up. You waste more time than you’d think.

Part of being a successful entrepreneur is to adopt habits that make you more productive. By using these techniques, you will find that you are better organised and more effective. Remember, if you want to grow a successful business, you must work smarter, not harder.

The tips above will help you eliminate many of the obstacles that make it harder to accomplish your objectives by the end of the year. Not only will these tips make you more effective, but they will also help you avoid the inevitable stress and anxiety involved in business ownership.

Prepare Your Business For Success In The New Year

December 18th, 2019 Posted by Uncategorized 0 thoughts on “Prepare Your Business For Success In The New Year”

As the end of the year quickly approaches, we all begin to dissect what we have accomplished over the past year and we also start to question the opportunities we may have missed out on. These thoughts beg the question, “where do you want to be/where do you want your business to be in the next 12 months?”.

It’s true that you may not be there just yet, but that doesn’t mean that you have failed either. Maybe you haven’t achieved everything you hoped to during this year, but you still have a few days to prepare for your best year yet. You can use this time to focus on reaching your most important business (and personal) goals in order to end the year on a high note.

Here are a few ways you can prepare your business for a successful year:

Be Investment Ready In 2020!

You might wonder why your business should be ‘Investment Ready’. Well, at some point, you will probably contemplate transitioning ownership of your business to the next generation, sell the business to a third party or look to attract equity capital or debt to achieve expansion plans. In any of these scenarios, your business needs to be Investment Ready to maximise the success of your chosen path.

Investment readiness is a process that requires being prepared. Understand your business so you can address all the questions adequately, be clear on what it is you want and your objectives, as it’s as important the investor aligns with this as much as you fulfill their objectives. Anticipate what they are likely to ask and think about certain scenarios. Make sure their potential questions will not expose flaws in your business strategy.

Following the success of our Investment Ready Workshop on Tuesday, we are excited to announce that we’re collaborating with Spark! Consulting Ltd once again to host an exclusive session on Wednesday 22nd January 2020! This is an event you won’t want to miss out on! You’ll be provided with a clear understanding regarding what investors are looking for, and receive a step-by-step guide to the process. We want to help your business be ready for investment in 2020 and ‘pitch perfect’ when it comes to meeting potential investors.

Create an Actionable Plan for the next 12 months

From setting achievable goals for you and your team to organising theirs (and your own) personal tasks, there are many different ways to ensure that you are always able to direct your focus towards the most time-sensitive detail. This should allow you to complete the most crucial tasks before the year ends, which will help give you a head start on the new year’s goals.

As we said, you want your company’s goals to be as clear as they can be so that they are easily understood. To do this, it is important for you and your employees to understand the type of effort required to achieve these goals and the motivation behind them. Clearly articulate to your team why each goal is important to the business and then create actionable plans on how to reach them. Break each goal down by categorising them into long-term goals and daily actions, this will help you establish company-wide commitment towards each goals completion.

Actionable plans will not only motivate your employees to stay on the right track, but they will ultimately help save you time in the long-run as well.

Value Progress over Perfection

One of the biggest things we see that’s holding entrepreneurs back is indecision or imperfection. They put things off for far too long because they aren’t sure of their best course of action, and ultimately decide not to do anything. Celebrate your wins! It is far more important to make steady progress on projects and to get things done than it is to guard against the possibility that any mistakes will be made.

Take these next couple of days to be energised and excited about how far you have come and where you can go next. Continue to take steps towards success, don’t just give up and say “I’ll just wait till next year”. Use the tips above as tools to help move you in the right direction so that you can end this year on the highest note yet.

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