New Year, New Business Resolutions: Set Your Business up for Success This Year

December can be one of the busiest times of the year both personally and professionally, but as we prepare to flip the calendar into 2022, it’s also a perfect opportunity to pause and reflect on what went well (and perhaps not so well) these past 6-12 months. 

Armed with some data and insight on where you’ve been, you’re in a good position to set new goals for where you want to take your business in the New Year. 

Dot your i’s and cross your t’s.

Effectively running a small business means thinking big picture while also keeping an eye on the details. Is your business equipped with all the legal contracts you need to protect your property, assets, and relationships? 

If any of these priorities have slipped to the back burner or if you’ve limped along with make-shift business contracts, it’s past time to seek the help of a professional. Calling up a small business lawyer to make sure your business has the thorough and legally binding contracts it needs is one of the best resolutions you can make – and keep – this year (psst, we can help)

Expand your business network.

Joining a new business organization or reaching out to like-minded contacts is great for your business and an effective way to expand your pool of potential business partnerships. As a small business owner, making even just a few new but meaningful contacts can have a big impact on your growth trajectory.

Don’t be afraid to change what’s not working.

Inertia is a powerful force, but just because you’ve set something in motion, doesn’t mean you shouldn’t apply pressure to change it. We know it can be hard to give up on an idea or product once you’ve invested time and money into it, but part of your goal setting for 2022 is about looking ahead. You need to put the most effort into what will help you achieve those goals and get over the sunk cost fallacy of what happened last year. 

Make time for yourself.

Keeping work and life separate can be especially challenging when you’re a small business owner, but it’s important to prioritize your well-being. After all, when you feel better, you have more energy and mental capacity to give back to your business and relationships.

What goals do you have for 2022? Let us know! And as always, if there’s anything we can do to help you achieve them, drop us a line at Silverberg|Brito, PLLC.

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