As a business owner you probably have been so caught up in your business tasks that you haven’t even given a thought to the upcoming holiday season, let alone the New Year. I have a news flash for you. The holiday season starts in just 5 weeks. Can you believe it? After all, stores like Wal-Mart and Lowes already have all their Christmas stuff on display after already putting their Halloween items out while some of us where still on summer vacation. It seems like the holiday season gets started earlier and earlier every year. With these not so gentle reminders of the upcoming holidays one needs to remember that 2014 is not that far behind. Before you get caught up in everything holiday related now would be a perfect time to start looking at what you need to do to prepare your business for 2014.
Some might be saying that there’s still plenty of time left in the year to prepare their business while others might want to take the copy and paste approach and do what they’ve done in the past. Either of these approaches can set your business up to either suffer or fail in 2014 because you’ve decided not to make your business a priority.
Chances are if you are a small business owner you have already spent a good part of this past year doing everything you can to make your business a success. As chaotic as things may get as you juggle your many business tasks you’re hoping as the holidays approach you can take some time off to enjoy them with family and friends. But wait, you still have to prepare your business for when you open back up on January 2nd.
Here are some things you can start doing now that will let you take time away from your business but still leave you prepared for the New Year:
Prioritize Your Business Tasks
Now is the perfect time to determine what activities need to be done for your business to continue operating through the holidays and into the New Year. If you don’t have written procedures for your daily tasks now is the time to get them written up. By having all procedures written up all you’ll need to do is glance at them to make sure each task is done swiftly and correctly.
Review How Your Year Was
Ten months of the year are just about in the books. Take a look at what has worked and what hasn’t worked for your business over this time. Whatever didn’t work should be placed on a list. You can then review why they didn’t work and determine what you need to do to make things right. The most important thing to do is take action on these items now so you can start applying them as soon as possible.
Organize Your Business Records
If you don’t keep detailed business records here’s your opportunity to rectify the situation. The following records should be readily accessible:
- Accounting and Bookkeeping records
- Bank Documents (including statements)
- Employee documents
Once you have all these documents easily accessible, you will then be able to update them or access them whenever needed.
Prepare Yourself for the New Year
After you’ve done all the prioritizing, reviewing and organizing, it’s time to take some time for yourself. You’ve worked really hard to get your business where it is and it’s time to pat yourself on the back for a job well done. Start making arrangements for doing stuff with your family and friends. Attend those holiday parties you may have missed in the past because you were working so hard. Recharge yourself by doing absolutely nothing for a few hours if you like. You will be more refreshed and ready to tackle things when it’s time to return to your business.
Owning a business may seem like a roller coaster ride at times. If you take the time now to prioritize, review and organize it you will be ready to ring in the New Year by preparing your business for continued success.
Get In The Conversation: What are you doing to prepare your business for the holidays and the New Year? Let us know in the comment section below.
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