When you own your own company, setting priorities for the business is integral to success. It can be easy, especially in small businesses, to get so bogged down in the details of day to day work that you put off viewing the big picture of what your business is, what it stands for, and what you want to prioritize.
Outlining priorities for the year can help keep you focused as you move forward. Here are some questions to get you started; answering them will help you to de-clutter the possibilities and identify your priorities:
Outlining priorities for the year can help keep you focused as you move forward. Here are some questions to get you started; answering them will help you to de-clutter the possibilities and identify your priorities:
- What results are you looking to achieve over the next year?
- Is the infrastructure in place to support your business and its growth?
- Is your brand hitting the right markets?
- How can you evolve your products/services?
- Do you know where the opportunities are and are you taking advantage of them?
- Do you have the capital you need?
- Do you need to drive costs down?
- What strategic investments will help put your business in a better financial position?
- Should you hire, downsize or perhaps acquire another company to grow yours?
- Are you delivering the results you want?
- Are your customers happy with you?
- How can you strengthen staff morale?
- In what better ways can you be using your time?
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