Resolutions are not confined to our personal lives. You can also create impactful resolutions for your business. It is all about doing something different to bring positive change. So, if you are ready to make some powerful changes, these are some possible resolutions you can set for your business. 

1. Effective Cash Flow Management  

This is a great resolution for those with drastic ebbs and flows in their cash flow, have been unable to create enough capital to invest back into the business, or those who don’t really understand the day-to-day finances of the business.

2. Increased Digital Presence

If it’s been over two years since your site has been updated, haven’t done much to make your web presence mobile-friendly, haven’t created an email marketing list, or if digital is not a part of your marketing plan, there is no better time to add this resolution to your list.

Have you been putting off social media, not even starting to explore which network is the best platform for your business? Have you talked about starting a business blog, but haven’t had time to work on a content strategy yet? If so, this is the perfect resolution for your business.

3. Be Focused and Productive

If you often find yourself wondering where the day went whether is still a handful of things left to complete, how will you zone in?  Getting focused and more productive is a great resolution for anyone who often wastes time or ends up succumbing to just about any distraction that gets you off-track. 

4. Charge Accordingly 

Do you often feel underpaid and undervalued in your business? If so, then check that you are charging what you should be to help you market to the right audience, revamp your strategy, and raise your rates to reflect the value you bring to the table.

5. Delegate and Grow 

Let’s be honest, running a business is a lot of work! If you have more work than you can handle and no time to focus on growing your business, it’s time to stop wearing all the hats and start bringing in others to assist you in your operations. Consider focusing on building your team and learning how to delegate effectively. 

6. Strong Communication

Frequent issues with misunderstandings among your employees, lack of employee morale, and consistently wasting time repeating the same information over and over is a sure sign of ineffective communication. Make it a point to strengthen the line of communication in your business. Now is the time to take your resolutions and create a plan for putting them into action. 

About Thayer Innes and Freeman Bunting Insurance Agencies

At Thayer-Innes Insurance Agency and Freeman Bunting Insurance Agency, we strive to provide comprehensive insurance solutions to support Ann Arbor homeowners. Our homeowners’ policies can be tailored to meet your specific risk exposures and provides much more coverage than a traditional policy, giving you the peace of mind you deserve. For more information about our products, contact us today at (855) 395-6316.