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Top Tips: Reaching Business Success in the New Year

With 2014 not far away, business owners will soon be looking to reopen their offices in hope for a successful year ahead. Over the past few weeks, the team at Calculated Accountants have provided some useful tips for business owners on preparing for the holiday season and have also included some vital pre-planning information.  With the New Year just a week away however, now is a great time for our team to provide tips with one goal in mind; your success.

Whether a small business or a start up business, making 2014 the year you grow and maximise on all of your potential does not need to be as hard as you may think. Below are the top tips put together by our team that are designed to focus on your lasting success...

  • Finance- It may seem biased to have this on the top of our list but having a trusted financial advisor could be the best decision you make. Your business’ financial health will be at the very core of your success which is why bookkeeping, tax returns, vat returns and payroll amongst others must be in impeccable condition. The right accountant can be a trusted advisor and help you through every financial decision and with fixed fees, it won’t cost as much as you think.
  • Marketing Budget- Many small and start up businesses often have minimal to zero marketing budgets but by spending that little bit extra you would be surprised at how much you could grow. Online marketing is an essential route to take and a well thought out presence could reap a great deal of benefits. With an online strategy, costs can be easily controlled, success and failures can be easily and regularly monitored and the potential number of new customers a business can reach is far larger and far more definite than that of off line marketing. Test your potential for a few months and decide what is effective for your business and what isn't.
  • Get Socially Active- Tying in with the above point, getting socially active is essential in ensuring you build up a solid audience. Social media sites including Facebook, Twitter and Google Plus are fantastic platforms and with management tools and apps you can communicate and track goals with relative ease.
  • Network- There is nothing better for future business plans, generating new ideas and building lasting and influential connections then good old fashioned networking with like minded business professionals. Get out there and get networking, it is a fantastic way to re-energise your business.
  • Set Goals- A lot of businesses fail to regularly stick to any solid goals. In the New Year set some realistic goals and monitor them through intervals throughout the year to get an idea of what is working and what isn’t. Goals are a fantastic way to ensure that your business continues moving forward and does not remain stuck in a rut.
  • Delegation- As the business owner it is only natural to want to take charge of everything that is happening but delegation is the key if you are ever going to find the time to focus on any of the above points and give your business a better chance of achieving success.

With 2014 just a week away it is time to ensue you are set to give your business the best chance of success. Put our useful tips to the test and let us know how you get on!

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