How to Start the New Year off Right

By Eric Hamilton

Jan 24, 2020 11:57 AM EST

How to Start the New Year off Right(How to Start the New Year off Right) (Credit: Getty Image)

The moment that the new year starts, you think about the resolutions you're going to set. You've barely finished your glass of champagne and brushed off the confetti before you're thinking about what to do next. Instead of just planning personal resolutions like learning a new language or going to the gym more often, why not set professional ones?

First Things First

Unless you have a massive amount of savings stored away, you're going to need capital to accomplish your business goals for 2020. You'll want funding to cover expenses, maintain cash flow and give you a reliable safety-net in case something goes wrong. That's why you should go to the First Down Funding experts to get approval for crucial financial support in a flash. They can help business owners get started on their resolutions, whether the end-goals are big or small.   

Figure out Your Resolution

Take a look at some of these resolutions to see if they sound right for your business. They could end up inspiring you to make the change!

Ramp up Productivity

Right now, your business is doing well, but it's just coasting. You want to increase productivity to get better results and higher profits by the time that 2021 arrives. Here are some changes that could turn your operation into a well-oiled machine:

  • Invest in project management apps and organizational tools 

  • Hire more staff members

  • Repair or replace old pieces of equipment

  • Outsource non-essential tasks

Grow Your Audience 

Your brand isn't getting as much attention as you'd like. You have some loyal customers/clients, but you're tired of feeling like the underdog in a competitive field. By the time December hits, you want to be the talk of the town. Here are the ways that you can make that happen:

  • Start online marketing campaigns

  • Open up social media accounts on Instagram, Twitter and Facebook

  • Get a social media manager

  • Expand your products and services to reach different demographics 

Go Green

You care about the environment. When you're at home, you try to reduce your energy consumption and buy eco-friendly products. You can replicate those conscientious choices in a professional setting. 

If your conscience isn't enough to push you in this direction, maybe your pocketbook will. Setting a resolution like going green is a good way to save your business money on high energy costs. It's also a quick way to boost your reputation with customers and clients alike.

Here are some changes that you can make with the workspace:

  • Effectively cut down paper waste by going paperless or limiting paper copies 

  • Invest in energy-efficient products 

  • Encourage employees to carpool to work

  • Start a recycling program

There's always room for improvement. Your business could make more sales and bring in bigger profits. It could have a larger audience and a more recognizable brand. It could be more environmentally-friendly and energy-savvy. All of these things are entirely possible, as long as you have the capital available and you're willing to put in the effort. It's time to get started.

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