5 Key Business Resolutions for the New Year

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    06-Feb-2016

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There are many new business resolutions you might choose to focus on, these five are key strategies for improving your business in the New Year.

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  • Dr. Rachna Jain 2012 All Rights Reserved

    5 Key Business Resolutions for the New Year

    As we begin the New Year, its a good time to set some business resolutions, in addition to the

    resolutions you might have set in your personal life.

    While there are many possible resolutions you might set, the following five will help you chart a

    strong course towards a healthier business for this New Year and beyond.

    1) Resolve to work more fully in your areas of brilliance.

    It can be tempting to take all the business that comes in, and to try and make clients fit

    when they just dont seem to- but the problem is that each time you try and make

    something work, you may be moving farther away from your own areas of brilliance and

    unique talent. Sure, its likely that you can do many things well- but what if you do fewer

    things brilliantly? Clients will pay more for brilliant results.

    2) Resolve to select for your ideal clients.

    So much has been written about targeting your ideal client that I wont spend much time on

    that here. There is a key distinction between knowing your ideal client and actually selecting

    for your ideal client. The first step is to identify who your ideal clients are, and the second

    step is to take regular and consistent action to find and select them. This means that you

    focus on marketing specifically to them, and marketing as widely as you can to attract many

    of them.

    3) Resolve to raise your fees related to your experience.

    The new year is a good time to examine your fee structure. Chances are that you are more

    skilled this year than you were last and therefore it might make sense to raise your fees.

    Even a modest increase can make a difference to your bottom line, and be a subtle- yet

    powerful- signal to your clients that you are becoming more valuable in your skills and

    assistance with each passing year.

  • Dr. Rachna Jain 2012 All Rights Reserved

    4) Resolve to streamline your expenses.

    Streamlining your expenses can be a good way to retain more profit in your business. After

    all, it makes little sense to raise your fees, and generate more income, just to have all that

    surplus exit your business as quickly. Streamlining your expenses means that you reduce

    where you can, without sacrificing necessity. Its likely that youre maintaining at least some

    services and subscriptions that you arent using fully. This might be the time to reduce or

    eliminate these completely.

    5) Resolve to improve your expertise.

    The new year is a good time to ascertain how you might become more skilled and more

    valuable to your current and future clients. Can you add a new skill? Offer a new service?

    What would your clients be thrilled if you could do for them?

    Again, while there are many resolutions you might choose to focus on, these five are key

    strategies for improving your business in the new year, and, quite possibly, having your best

    year ever.

    About the Author:

    Dr. Rachna Jain is a content marketer and traffic generation specialist who helps her clients

    become more profitable and more popular online. Learn how you can get the right kind of

    attention to become liked and rich by requesting your own copy of the 7 Keys to Profitable

    Popularity at http://profitablepopularity.com/7-keys-ecourse