It's a brand new year, which typically comes with a lot of hope, several aspirations, and a long To-Do list.
Even if you're not the type who makes resolutions, as a business owner, it's smart to set both short- and long-term goals (like getting business insurance or hiring more employees). But setting goals for an entire year can be overwhelming — and for good reason. A lot can happen for a business in one week alone, not to mention an entire year.
That's why we created the 2020 Business Checklist.
We picked our brains and those of our clients to consolidate which areas business owners should be working on throughout the year. The checklist helps to set you up for success in a way that not only gets you off on the right foot, but helps you sustain your momentum on the right track.
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Here's an overview of what the checklist will cover:
If you were to tell us that you never stress over tax season, then we might call your bluff. It's natural to be intimidated by tax season. After all, an audit you could've prevented can definitely throw a wrench into a well-oiled machine. We'll cover what aspects of taxes you need to ensure are in place to set yourself up for success, not only during tax season but year-round.
Vendor and customer payments may seem straightforward, but like taxes, here is another area that could throw your business off course. We'll review a few ways you can ensure that you'll remain in good standing, not only for maintaining a good credit score but also for the overall profit of your business.
Without a good reputation, it's hard to maintain a good stream of business. In this day and age, how your clients perceive you online can make or break your business. But have no fear, we're here to help you learn how to keep the record straight. We'll review a couple of important aspects to focus on to make sure your reputation remains sparkling.
We've all heard that you have to help yourself before you can help others, and the same applies to your business. If you're not in top shape, then you can't provide your clients with a quality product or service. We've reviewed a few areas where you can devote a bit more time and energy to make sure that both you and your clients are happy year-round.
These four areas may seem straightforward, but studies have shown that making To-Do lists can increase the likelihood of accomplishing the tasks. Feel free to keep this checklist on your desktop, or even print it off to keep it in your office. We recommend revisiting the checklist once a month to monitor your progress.
Good luck －it's going to be a great year!
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I’ve told stories since I learned to talk and written since I could hold a pen. As a small business owner myself - I'm a freelance writer and yoga teacher - I love contributing to the entrepreneurship community in different ways (including writing for Simply Business!). When I’m not drafting articles for SB, I can be found on my yoga mat, perusing an indie bookstore, and writing (with my cat nearby of course).
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