New Year, New Plans
Your Business|December 2019/January 2020
Use challenges as an opportunity to learn, evolve and reinvent your business.
Busi Raphekwane
New Year, New Plans

As a new year comes into view, it is normal to reflect on the one gone by. Hopefully, 2019 was a good year for you, however for most businesses this proved to be quite a challenging year.

As you start planning for 2020, you’re probably asking yourself a few questions, such as:

How do I ensure I have a better year than what I had in 2019?

How do I gain more clients?

How do I improve my competitiveness?

How do I maintain or improve my income in a tough economic business environment?

How do I become even more efficient so that I can make more profit?

These are all critical questions, and the answers can help shape your plans for the coming year…

1. How do I ensure that 2020 is a better year?

List all the things that went well and worked for the business, plus all the business’s achievements in the past year. For instance, perhaps you received really good feedback from your clients regarding your quick turnaround time. You need to examine and identify what made you achieve those results. This is what you’ll carry over to the new year to build on and make it an even better year.

Similarly, you need to write down the things that didn’t go well, and the things you had set out to achieve but didn’t. Then turn your thoughts to the lessons learned by not achieving some goals. This introspection is important so that we may continue learning and growing our capabilities as a business. This also gives us an opportunity to see what we need to leave behind and should not carry over in the new year.

2. How do I gain more clients?

Denne historien er fra December 2019/January 2020-utgaven av Your Business.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 2019/January 2020-utgaven av Your Business.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA YOUR BUSINESSSe alt
61% of South African SMMEs Planning For Growth
Your Business

61% of South African SMMEs Planning For Growth

Mastercard SME Index

time-read
2 mins  |
August/September 2021
Your Business

Selecting A Collections Partner

Key considerations and insights...

time-read
3 mins  |
August/September 2021
Recipe For Success
Your Business

Recipe For Success

Key ingredients for a successful partnership between e-tailers and their software developers.

time-read
3 mins  |
August/September 2021
Our Success. Your Success.
Your Business

Our Success. Your Success.

The need for business training to improve bottom-line results in businesses across the country has never been greater.

time-read
6 mins  |
August/September 2021
How Small Businesses Improve Revenues In Tough Times
Your Business

How Small Businesses Improve Revenues In Tough Times

While many small businesses were able to adapt to lockdown in the short term, new challenges emerged when it came to returning to physical workplaces. Modern workforces, for example, are fragmented, while exposures, health and safety concerns frequently disrupt operations. How do we cope with these and many other related difficulties?

time-read
2 mins  |
August/September 2021
Making An Impact
Your Business

Making An Impact

Every year in August we take the time to celebrate women and reflect on the tremendous efforts they make to shape our society.

time-read
8 mins  |
August/September 2021
The Hidden Value Of Outsourced IT Resources
Your Business

The Hidden Value Of Outsourced IT Resources

The IT needs of today's businesses are constantly evolving, making outsourcing a very attractive option that can offer a number of compelling benefits for businesses, small or large.

time-read
4 mins  |
August/September 2021
Networking At Virtual Events
Your Business

Networking At Virtual Events

Just because you can't shake hands and pass around business cards, doesn't mean you can't network at a digital event.

time-read
5 mins  |
August/September 2021
7 Questions To Ask A Prospective Digital Media Partner
Your Business

7 Questions To Ask A Prospective Digital Media Partner

If you are looking to outsource your digital marketing function to an agency, here are some question to ask before signing on the dotted line.

time-read
4 mins  |
August/September 2021
Riches And Beyond
Your Business

Riches And Beyond

Empowering the next generation of entrepreneurs

time-read
6 mins  |
June/July 2021