Serv.co.za
Posted 01/26/2022

5 Easy Ways to Start the Business Year off Right


5  Easy Ways to Start the Business Year off Right

The start of a new year presents plenty of opportunities for small businesses to succeed. Entrepreneurs need to take this time at the beginning of the year to reflect on where their business comes from, but it is equally important that they ensure that they start on the right track towards where the business is headed.


5  Easy Ways to Start the Business Year off Right 


Here are 5 ways for you to kick start your business year on the right track:


1. Remember your vision statement 


When starting a business, the first thing you need to do as a business owner is to draw up a business plan. The first component included in a business plan is the business vision, however, entrepreneurs often forget that when they started their business they had a vision in mind. They had an idea of what they wanted for their business and where it would go. The beginning of the year is a great time for business owners to go back to their vision and mission statement and see how they can make their vision a reality this year. 


If you have not invested in a business plan as yet, it is never too late. Ask our experts to help you draw up a business plan 

 I need a business plan! 


2. Set clear goals 


The first step towards making your vision a reality is to set clear, actionable goals that can bring the vision to life. Goals are only effective if the business has set SMART goals. Specific, measurable, attainable, realistic, and time-bound goals. 


When setting new goals for your business don’t forget to set your financial goals. For help with your finances, simply hire an expert. 

 Find your CFO here 


3. Perform an internal analysis of your business


Look inwards, especially your microenvironment, particularly all the aspects of your business that you have full control over. This is usually done through the use of a SWOT analysis. According to Business Queensland, Conducting a SWOT analysis will help you understand the internal factors (your business's strengths and weaknesses) that will influence your ability to take advantage of a new opportunity. 


4. Analyse your competitors and what they are doing 


This is the best time to take a look at your competitors. What strategies have they put in place that are helping them to succeed? What customer acquisition strategies have they put in place that your business could leverage from. Many businesses are looking at finding new ways to get new customers and build brand awareness. 


Speaking of competitors, did you know that many small businesses like your own are using a service marketplace to get leads? Yes, B2B businesses are getting pre-qualified leads right when they need to, converting those sales into leads faster than you can imagine. 


5. Get all the right technological tools for your organisation


Technology has become ingrained in our everyday lives. That is why it is crucial to start thinking about which tools you might need to start implementing in your business. The start of a new year is the perfect time to look at which technological tools can help you achieve your goals and invest in them. 


Serv is one technological tool that you can take advantage of. 


How Serv B2B Marketplace Can Help You 

 

Are you a B2B SME looking for leads? Join Serv today for as little as R125 per month and start getting leads straight to your inbox. Using Serv, small B2B businesses can market themselves, save money, and start competing with big businesses. 

 

SMEs looking for B2B Service Providers can also easily and quickly find a local B2B Service Provider. Whether you are looking for an accountant, web developer, or business consultant, explore Serv today and find a trusted service provider.

 

Learn more about Lead Generation and Serv B2B Service Marketplace on our FAQ Page.


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