Bring on 2021!
It would be an understatement to say 2020 has been a challenge for us all and now that we are so close to the end of the year, we can start to plan what could be, for next year.
The last quarterly BAS cycle for the year will be over soon and the days will move at super speed towards the Christmas/New Year period and well-deserved time off, hopefully for most.
It’s a good time to reflect on the past 12 months, what worked and what didn’t (even in these unusual times).
Whether your proirities have changed at all in response to your experiences.
Then consider what it is you want for your business and for yourself in 2021.
- Considering a different approach or something completely new?
- Waiting your business to taking off as life is getting back to a safe ‘normal’?
- Do you want to consolidate what you already have in your business?
- What are the potential opportunities you see because of this year, that you want to investigate further?
- What are the weaknesses you identified in the craziness of the past 10 months and how do you want to work on these areas?
Can you imagine what 2020 would have looked like if you were able to plan for it?
- Be ahead of the information
- Engaged more resources before the workload took over or disappeared
- Pivoted quicker
- Mentally prepared for the onslaught
- Sacked bad clients earlier
- Cherished the good clients
Well, I guess the good news is that you can plan for 2021ahead of time.
So what does your 2021 look like?
The first step in planning is understanding where it is you want to take your business – growth or sustainability. There is no right or wrong answer here. Your decision is your own.
If it is growth then you will want to plan out the following:
- How many clients and who they are
- What staffing and other resources you need
- What systems to implement to achieve, monitor, and manage your growth
Each one of these areas could be planned-out to enable consistent successful growth and to avoid that out-of-control feeling.
If it is sustainability, then you may like to work on the level of strength of that existence:
- Develope stronger foundations to tick along
- Create greater profits in the services you provide
- Build deeper relationships with those you deal with
Planning in these areas will avoid you just repeating the same behaviors as other years
Here’s to your business success!
Author Bridgett Fuller,
Director at Belle Accounting Co Pty Ltd