The holidays are almost over and the New Year arrived with all its might, so it is the perfect moment to elaborate fresh, innovative and intelligent ideas that boost the growth of your business.
We leave you four things that you must do this first week to boost the growth of your enterprise in the next 365 days, regardless of the size of your company, if you are dedicated to clients or other businesses or the industry in which you develop.
Make a “100-day plan”
These are achievable goals that serve to build the long-term vision of the new president.
Entrepreneurs must do something similar: write a 100-day plan of their own with the real actions they can begin to take to advance the productivity and profits of their organization.
This plan establishes 100 goals and requires specifying the steps and resources needed to achieve them.
Of course, it is necessary to have a long-term vision, but the 100-day Plan will allow you to have specific objectives and start the year with energy.
Whether you believe in the power of feng shui or simply want your office to be more productive, the first week of the year you should dedicate it to getting rid of everything that does not work for you.
Dedicate a Saturday and ask your team to come (invite pizzas and refreshments) and dedicate themselves to destroy all the documents that do not already serve, as well as separate everything that can be donated.
Fire that person you know you should fire
You may have tried to wait for things to change with a collaborator or you have simply ignored the problem waiting for it to resolve itself, but the time has come when you face the fact that having a bad employee can be dangerous.
It is good to wait for the holidays to pass, but we are already in January. Think about the costs that having a toxic employee generates: low productivity, low morale of the rest of the team, additional supervision, damage to customer relationships, loss of profits, and so on. It is time for an ultimatum or a final decision.
Upload your prices
The first week of the year is perfect to review the prices of your products and services and if possible, increase them.
Many SMEs try to compete by lowering their prices, but in many cases it does not work because they apply these rebates to goods that no longer arouse the buyer’s interest (something like lowering Christmas trees in January).
Better, design a plan that studied your competition, your price history, the calendar to see what is the best time to make the increase and how you can add value to the merchandise to which you raise the price.
Entrepreneurs who have the discipline to start the year with these actions and make a good “reboot”, can encourage their teams, have great ideas and generate new opportunities for success and innovation.