A new financial year is the ideal time to consider new business growth strategies and ways to boost your business. No matter where you are in your business journey – starting out, expanding, or thinking about retiring, having realistic expectations and clear goals to assist you along the way is paramount for success (whatever that looks like for your business).
Improve Your Sales Process
Sales matter immensely; however, how you sell and how your customers feel when they engage with you are just as important. A successful sale should not only be marked by the number of sales made but also by how satisfied the customer is.
The sales process should not be viewed as just a series of steps to complete the sale. It’s a way of connecting with prospects, gaining new customers, and cultivating customer loyalty over time. Take your business to new heights this year with quality sales and satisfied customers.
Declutter Your Workplace
A cluttered desk is a cluttered brain, and clutter can inhibit workplace productivity. Business productivity and profits decline when clutter and confusion rise. If piles of paper, disorganisation, and information mismanagement take over your workplace, efficiency and effectiveness will vanish.
Separate useful, relevant documents and items from the chaos of old parchment and miscellaneous content. Get rid of everything that just takes up space and no longer serves you or the business.
Nurture Your Professional Relationships
A strong relationship with your employees is important for building trust and promoting teamwork. Trust improves everything from productivity and efficiency to quality customer service.
In addition to internal professional relationships, you should also prioritise improving client relationships. Learn how to nurture professional relationships with your clients and consider how you can better serve them. For example, what services or products can you offer them to promote greater satisfaction this year?
The Importance of Diversity
Make diversity and inclusion an active part of your hiring strategy and business culture, as you may risk losing the next generation of promising talent. More and more job seekers consider these qualities important attributes in an employer.
When hiring staff and contractors, set goals to improve your diversity practices. This process will be easier if you deliberately include diverse opinions and feedback around all of your business practices.
Be Realistic About Your Goals and Set Achievable Timeframes
Set achievable timeframes and a schedule to keep you on track and help you focus on different tasks. This will ensure that you do not jump haphazardly between tasks without making any real progress. Set a schedule and stick to it as best you can, acknowledging accomplishments along the way.
In addition to your big business plans, try to create a personal schedule for yourself, so you can track the priority tasks you are responsible for. Ensure that other business goals have clear progression plans and allocate responsibility to the most appropriate employees.
Distributing responsibilities will also relieve stress and ensure that your team has a unified and coherent path forward. If everyone is held accountable, achieving business objectives will be much easier.
Improve Your Business with Bartercard
Bartercard is committed to helping New Zealand businesses grow and achieve financial success. We facilitate a trade exchange of business networking, offering dynamic and effective ways of conducting business.
Bartercard New Zealand is one of the world’s largest cashless business networking platforms, striving to provide business opportunities to its members. We can help you increase your business by 5-10% and increase your cash profit by utilising trade dollars in your business and saving you cash.
