It’s December the last month of the year and for most solopreneurs and small business owners it definitely sneaks up on us. As the year draws to a close, it’s the perfect time to clean- up and declutter your office but also your operations. It doesn’t matter if you're a solopreneur or managing a small business, here are 5 tips to help you close out the year and set the stage for a new start.
#1 Thank Your Customers!
End of the year is a great time to thank your customers. Whether a personalized thank you note, a gift or an animated email it is important to let customers know that you appreciate their business. These simple gestures can help solidify strong relationships and set the stage for continued success in the year to come.
#2 Wrap Up the Financial Year!
One of the most crucial end-of-year tasks is to get your business finances in order. Ensure that your accounting is up to date, and review your balance sheets, income statements, and cash flow reports. Double-check that all invoices have been sent and payments have been received. This is also a great time to reconcile your bank accounts and credit card statements to avoid any discrepancies. These steps are invaluable in getting ready for tax season.
#3 Reflect and Make Adjustments!
Are there any areas where you feel you could improve? Identifying any gaps can help you set more realistic and specific goals for the upcoming year. Write down clear, actionable objectives, both short-term and long-term. Make sure to break down these goals into manageable steps so that they are easier to track, measure and achieve. This will give you a roadmap for the year ahead, making it easier to stay focused and motivated.
Has anything changed over the year that might impact how you do business moving forward? Take time to make adjustments, identify new opportunities, and to prepare so that you are ready.
#4 Look Ahead - Review Customers and Projects for the New Year!
Evaluate customer relationships and projects. Reflecting on your relationships with clients and partners is critical in growing your business. Take the time to review any outstanding projects, contracts, or agreements. Are there any that need to be completed or followed up on before the New Year begins?
#5 Start Fresh by Cleaning Up!
Get rid of software programs, apps and services you’re not using. Clean out your in-box; file emails that are important. Evaluate your office needs. What needs re-stocked, thrown away or donated? This will help ensure you start the New Year with a clean, efficient workspace.
By addressing these 5 tips —thanking your customers first and foremost; wrapping up your finances; making necessary adjustments; looking ahead; and cleaning up—you’ll be able to close out the year on a high note and enter the New Year with confidence and clarity.
Preparation now can save you time, reduce stress, and help you stay organized as you move into the New Year. Good luck and as always Jarvis Consultants is here to help you. We are only an email away. Please feel to contact us at sonya@jarvisconsultants.com or check out our services on www.jarvisconsultants.com. Happy, Healthy and Prosperous New Year!
Ways to Work with Jarvis Consultants!
Strategies: We help small to mid-size companies develop business, marketing, and event management strategies.
Diversity, Equity & Inclusion (DEI): We help companies create DEI strategies and approaches that are implementable and sustainable based on their objectives.
Business Coaching: We coach Founders of small to medium size businesses who want to take their organization to the next level.
Project Management: We support companies that don’t have the personnel resources internally; we help them create projects from the development stages to implementation; and, a tactical management process.
New Business Development: We help clients research and explore new business opportunities and/or emerging trends that can be optimized and generate incremental revenue including content.
Let’s talk about your next project and how Jarvis Consultants can support your initiatives;
sonya@jarvisconsultants.com.
www.jarvisconsultants.com