New Year, New You: Three Business Resolutions for the New Year
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New Year, New You: Three Business Resolutions for the New Year

1. Be Receptive Suggestions and Change

There are two mistakes commonly made by business owners. The first is not listening to suggestions. The second is listening to feedback but not taking action.  Employees and customers appreciate when their comments and concerns are not only listened to, but met with some sort of action. Even though change is inevitable, it isn’t always easy. You may open yourself up to criticism you weren’t ready for or find out that something you loved is something you need to let go of. Getting information from people who are slightly removed from the situation can give you a better view of what changes need to be made and how to improve your business.

2. Re-Evaluate Your Goals and Mission

Just like everything else in life, the plans and mission you set for your business will shift and change with time. Maybe you’ve realized that your original business model didn’t work or you’ve been in business for years and you’ve added a new product/service. Take stock of these changes and see what steps you can take this year to focus your goals and to make sure that the work you do year-round are steps towards achieving them. Take a look at your original business plan to see the your short and long term goals compare to your real world experience.

3. Take Care of Yourself—Physically and Mentally

As a small business owner, the obligations you have to your business tend to become the top priority in your life. This typically comes at the expense of your personal life. Make a resolution this year to take time for yourself. We know carving time out for self-care is easier said than done but it is necessary.

Give yourself permission to do nothing and relax and make sure to eat well and rest. You should also set boundaries. Make a plan to stop working at a certain time each day. This will help create some work-life balance and make more space for your personal life. While being the boss requires dedication and hard work, burning yourself out won’t benefit you or your business.

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