Top Tips for 2014

Top Tips for your business success in 2014

Posted on January 6th, 2014

Categories: Business, Management

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Start your New Year with a positive outlook for your business. Ensure that 2014 is a prosperous and successful year for your business.

Here are some tips to ensure 2014 is a top year for your business:

1. Take stock of all your opportunities
Make a list of every potential opportunity that can improve your business. You may not pursue every one and you may miss one or two, but the exercise will help you be alert when any opportunity comes your way.

2. List obstacles you can reasonably eliminate
Many obstacles are not complicated or even difficult to overcome, but they require focus and commitment. Assess 2013 to determine who or what got in the way of your success and ensure they don’t get in your way in 2014. You can start with obstacles where you have the most control such as your own bad habits.

3. Identify two important skills you can mastermaster
Mastering a challenging skill boosts confidence and creates a sense of accomplishment. Identify some skills that will boost your work profile and improvements to those around you. Regardless of your position or business, self-improvement brings satisfaction and strength. Improving the way you do things will increase the profile of your business too.

4. Work ‘on’ your business rather than ‘in’ it
Developing a strong business strategy and plan will help drive growth in your company. By stepping back and taking a good look at your business, you can develop a path to drive the business forward rather than continuing to work in it in the same way. It’s important that your plan is incorporated into the day-to-day running of your business and embedded in your team. Action your business plan rather than produce a document to sit on a shelf.

5. Think longer term
Think about the overall purpose and direction of your business as well as the year ahead. That way, you can ensure that your business growth is sustainable. Developing a clear vision of where you want your business to be will help you ensure that the right people and resources are in place to fulfill growth opportunities.

6. Ensure your people are fit for purpose
Whist increasing the size of your workforce can be a key revenue driver in your business and can facilitate growth, it is important to ensure that the right people are in place to fulfill a necessary position. Assess the business need of a new post and its return on your investment. People are valuable assets in your business, but only if they are fit for purpose. Don’t forget to utilse your existing staff to their full potential and capacity and invest in their development.

7. Encourage innovation
Engage with your people and encourage them to offer more ideas, think outside of the box and take reasonable risks to help the business increase its profits. Being creative can really help your business stay ahead of its game.

8. Invest in external services or resources to help your business thrive
Don’t neglect your business needs if your do not have all the expertise and resources in-house. Buy in essential resources and expertise – it’s really worth the investment to help unlock your business potential and drive it forward. It can be cheaper to buy in expertise and other resources as and when you need them, leaving you to focus on your core business.

We can help drive your business forward and upward to ensure 2014 is a successful year for you. Get in touch today to find out how Ascend Twentyone can help your business.

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