Thanksgiving has come and gone and hopefully Small Business Saturday will be a big success at your business. If the outdoor chores at your home and business have not been completed (mine aren’t and I plan to finish the bulk of my home yard work tomorrow), now is the time to make sure to get them done before winter sets in. The change in seasons is also a good time to examine your business in preparation for next year so you can make any needed changes to make 2014 a great year.
Small Business Planning in the Fall recommends the following 10 points consider this fall as your get ready for 2014.
- Reduce your tax bill.
- Mind the books.
- Eliminate time waste.
- Review your business goals.
- Review all of your employee’s roles.
- Review vendors and services.
- Look at your sales strategy.
- Pay me.
- Know when you need help.
- Look ahead.
I did notice something about the list. It really covers all aspects of your business: accounting issues, better time management, employee management, suppliers, sales strategy, collection, and strategic planning.
On a final note, I think many times small business owners have trouble finding the time to devote to strategic planning for their business, but I think this quote from Dwight D. Eisenhower sums up how important it can be for the long term success of your business.
In preparing for battle I have always found that plans are useless, but planning is indispensable.