Setting Your Business Resolutions for the New Year

December 21, 2018 Staples Business Advantage

As the holidays come to an end and a new year approaches, you may be considering your resolutions for 2019. In your personal life, that may mean eating better, spending less, or making more time for family. The new year is a great time to think about what you want to achieve in business, as well. By taking the time to carefully consider and plan New Year's resolutions for your business, you'll have an idea of what you'd like to achieve in the coming year.

Create SMART Goals

SMART goals are nothing new. The popular goal-setting method has been used in business and education for decades to set realistic and achievable goals. The acronym, as outlined below, helps goal-setters to outline a plan for achieving the goals they've set.

  • Specific -- Clearly define what you'd like to accomplish.
  • Measurable -- Use numerical targets and milestones to track your success.
  • Attainable -- Make sure the goal is realistic and manageable.
  • Relevant -- The goal should fit within the parameters of your business model.
  • Time Based -- Give yourself a deadline for achieving the goal.

Most don't create a plan to follow through with their New Year's resolutions, which is why so many fail to achieve them. By using the SMART acronym, you'll be setting yourself up for success.

Think Outside the Box

While goal setting in business is often focused on sales, it doesn't hurt to set goals in other areas as well. Whether you'd like to improve the morale of your staff, put more energy into increasing the social media presence your business has, or revamp your website or storefront, you'll likely find that an increase in sales occurs naturally as you follow through with your goals.

Be Accountable

When it comes to following through on goals and resolutions, accountability is a key. For some, it may be as simple as keeping a daily, weekly, or monthly task list to ensure they're completing the necessary tasks to follow through with their New Year's resolution. However, others may find they need something more. There are several goal-setting apps that can be used to ensure accountability, but for those who need it, finding an accountability partner may be the best way to ensure resolutions are kept.

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