3 Business Resolutions to Make in the New Year
A new year can mean new possibilities and new growth. It’s the perfect time to think about what business resolutions, or goals, you should set to build your brand.
Consider doing these things as you move forward:
1. Reevaluate Your Business Plan
This is a great time to reconsider your business plan. As a company grows, the business model changes. Reevaluating your business plan will help ensure it fits with your company’s evolving model and needs.
Evaluate your executive summary and business description. Make sure they correctly represent your company and tell the readers what you want them to know. Note how the industry is shifting and what changes your company may need to undergo to thrive in that shift and stay ahead of the competition. Use this time to perform an analysis on your competitors to consider how you might market yourself to outrank them.
Also, take time to think about your marketing strategies—what’s working and what’s not? No matter what size your company is, it needs a solid marketing strategy to help it succeed.
2. Create a Marketing Plan that will Deliver Results
Wanting your company to grow isn’t enough. If growing your company is one of your business resolutions (as it should be), you need to plan for growth. So, what will you do now to help your business succeed in the next 12 months?
Marketing is the greatest avenue for growth. When you invest in marketing, you’re investing in your business and your customers. The many branches of marketing allow you to connect with current customers and reach new ones.
Working with a content marketing company is a great way to get started. Professional content strategists can help you develop a well-planned content strategy that is unique to your business needs. This may include social media management, a fast-growing and easy way to get in front of your audience. With more than 50 million businesses utilizing Facebook Business Pages, if you’re not on it, you’re already behind.
Content marketing professionals may also suggest email marketing, the top method of delivering targeted and engaging content straight to your readers’ inboxes. Great emails can drive customer retention. In fact, in retail alone, 80% of professionals have indicated that this form of marketing is their greatest avenue for keeping customers.
Blogging may also be recommended to help drive website traffic. Did you know that B2B marketers actually achieve about 67% more in leads than businesses that don’t blog?
Marketing is a key tool in promoting your work. This means your content creation needs to be engaging, and the stage you give it is equally important. When you meet with a content marketing company, you can discuss all your options and brainstorm ways to grow in the new year.
3. Look Over Your Budget
Of course, finances are an important part of planning for your future. This means observing how you’ve been spending money as a business. There are ways to trim the fat. It’s essential to stay organized and track any expenses and to project how much money your company will have to work with in the upcoming months.
Keeping a close eye on your transactions can help you stay on track and cut unnecessary spending, so you can direct your spending to where it’s most needed.
As you consider your budget, also keep in mind the services, such as marketing, that can help your company and your bottom line grow. If you’re ready to get started on building your brand, contact our team at Headline Consultants. We offer the first consultation free!