Personal goals and professional goals are often in sync for small business owners. It’s the perfect opportunity to review your business and make entrepreneur New Year’s resolutions that will have a positive impact on your small business.
Here are six resolutions that our team at the coworking office believes will help you grow your business in 2024.
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1. I will only charge what I am worth.
Do you feel that your service or product is not valued or you are underpaid? This resolution will help you market your small business to the right customers instead of wasting time talking to the wrong ones.
It’s fine to increase your rates in order to reflect the value that you bring! You can do this in two ways, depending on your business model:
Offer more options to your customers and focus on the value you offer, rather than the time spent.
You can get small discounts for being loyal to your company (tech companies offer this often, where you pay for an entire year instead of month-to-month).
Maintain your prices and don’t lower them to try to attract new customers.
2. I will regularly promote my business.
It’s understandable that promoting your business is often at the bottom of a to-do checklist. If you want to get new customers then promotion is a must. Hire a marketing professional or create your own marketing plan and implement it as an entrepreneur New Year’s resolutions.
This resolution is for entrepreneurs who haven’t updated their site in over two years, made it mobile responsive, created an email list, or haven’t used social media. Now is the perfect time to market your business!
3. I will make time for myself.
Entrepreneurs can prevent burnout by achieving a better work-life balance. Set work hours, and stick to them. Set expectations with your clients, coworkers, and family about when you work and when you don’t. No one will respect your time if you don’t create boundaries around it and value.
Schedule “me”-time on your calendar so you can do what you love. Don’t rush yourself to make the appointment. You wouldn’t skip a meeting with a client, would you?
4. I will make weekly business planning an event.
This may be just the resolution you need for a successful business in 2024. We understand that running a small business can be stressful and that it is easy to get caught up in the day-to-day operations. Constantly strategizing your business will help you to see what works and what doesn’t.
The majority of businesses only do this yearly or quarterly, which can result in spending more than necessary to correct costly mistakes. Set aside some time every week to look back, make adjustments, and anticipate the week ahead.
5. I will not waste time on things that don’t work.
You’ll be able to tell what isn’t working in your business after strategizing. Do not waste energy trying to make something that isn’t possible work. You should move on if a particular product, business relationship, or technique isn’t working. We promise that something better will come your way.
6. I will give to my community.
It’s not just your business that counts! Spend time working on a community cause that is important to you. It’s not just a great way to feel good, but it can also create local support for your business and you.
Use these entrepreneur New Year’s resolutions to keep your business on track and you will be motivated.
Visit our Tampa coworking space if you want to see how we can help your business. You’ll be surrounded by like-minded business owners who will help you achieve your 2024 goals!
In a hurry? Call us at (813) 442-4643
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