5 Must Knows for 2019

November 29, 2018 9:30 am Published by Leave your thoughts

We are already at the end of the year, and many businesses start preparing for the next year to come. How has your business been so far this year? Have you pondered on what was good and bad and what to do next? A new year is a good way to start a new chapter and to work on new goals for your business.

Here is a checklist of things are you should know to take action for 2019.

1. Make New Plans

The end of the year is a great time to review current year results and look forward to new plans and growth for your business. New plannings can include new products launching, new strategies for your business, and new marketing plans perhaps.

2. Reframe Your Failures

Even if your business was doing great this year, I’m sure there were some things that didn’t go so well or as perfectly as planned. Review those events and what you’ve learned, and what mistakes you’ll be able to avoid in the future. Always remember that success is always built on failure, so don’t let that bring you down.

3. New Ways To Generate Revenue

A business should always improvise and find more ways to generate revenue. The one thing that should be at the top of every business’ checklist, no matter what time of year it is, is making sales. Why? Without money following in, you won’t have a business to run.

4. New Sales Strategy

A business should always have a fresh new idea for their sales stategy. What campaigns that would generate interest?  How will you generate new leads? Would you need to hire more salesperson? What kind of advertising will you do? What promotions and giveaways can you do? Put together a budget that will help you plan for what’s needed to implement the new sales strategy.

5.  Update Your Online Store

Your online platform is your sales tool, which is also what all of your customers would be looking at before purchasing your goods.  You need to make sure your online store is simple and engaging and most importantly mobile friendly. Make sure your platform loads quickly. Also if you don’t have many payment options, it’s about time you update and make more options for your customers.

Other than those mentioned above, this his will also be a perfect time to thank those that have supported this year’s outcomes of your business like clients, employees, and shareholders, and prepare everyone for the opportunities of 2019. Celebrate your past achievements and be ready for the upcoming challenges the new year brings you.

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This post was written by Cornelia Lyman

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