Five New Year’s Resolutions to Grow Your Business in 2015

The New Year is a fantastic opportunity to reevaluate your business goals and make a plan for what’s to come. Need resolution inspiration? A few suggestions:

1. Delegate your work.

It’s easy to get stuck thinking that you can just do everything yourself. But that mentality can work against you. Make it a priority to find ways to delegate responsibilities to lighten your load. This will free up more time to make important decisions and focus on your goals. As you give your employees more responsibilities, you may be surprised by how well they handle it.

2. Boost your online presence.

A lackluster social media and online presence could mean a lot of missed opportunities in the upcoming year. Check out the Marketing section of Town Square for ideas on how to promote your business on social media platforms and boost traffic to your website.  

3. Make a clear budget.

Easier said than done, we know. But a clear budget will make running and growing your business a whole lot easier. One simple budgeting strategy is the jar system, where you put different percentages of your earnings towards your various expenses every month, including necessities, marketing, payroll, inventory, and others.

4. Invest in yourself.

Make it a resolution to attend classes and seminars to learn new business skills and upgrade your credentials. Your local universities and community colleges are a good place to start looking for accreditation courses.

5. Communicate more.

Communicating well with your team is vital to growing your business. Try setting aside time monthly to meet with your crew. You want to create a safe, comfortable place for your team to talk about their experiences working for you and serving your clients.

Take this opportunity to make 2015 the year you grow your business. With the help of the above five resolutions, your sales goals should look much more attainable.

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The Bottom Line is brought to you by a global team of collaborators who believe that anyone should be able to participate and thrive in the economy.

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