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Make 2011 the Year: Top Resolutions for Small Business

December 29, 2010

Diet and exercise may steal the headlines when it comes to resolution making, but small businesses are wise to get in on the action. Why? Research shows that those who make resolutions are ten times more likely to attain those goals than those who don’t. What do you want more of (or less of) in 2011?

 

If you need more time…

  • Learn to delegate. Work/life balance is impossible if you try to do everything yourself. Figure out what strengths other team-members possess and offload tasks on your plate. Or consider hiring a virtual assistant. 

  • Identify inefficiencies. Keep a time log for one week and create a pie chart of time per activity. If email, phone calls, or other tasks are robbing you of precious time, reassess. It might be time to hire an answering service, create a separate email account for your most important clients, or take a stand against REPLY ALL responses.

If you need more customers…

  • Network, network, network. Do a Google search for business organizations, Meetups or networking groups in your area. Keeping your name out there doesn’t even have to require you being “out there.” LinkedIn has hundreds of online business groups you can participate in from the comfort of your keyboard. Check out our group on LInkedIn!
  • Perfect your pitch. Brush up on the all-important elevator pitch and practice it with a savvy friend or colleague. The more comfortable (and concise) you are at explaining the value you deliver, the more likely you are to convince others to hire you.
  • Ask for referrals. Your most satisfied customers are a great resource for new business. Collect testimonials from clients to use on your website, brochure and other materials.  Plus, email your best clients personally to ask if they know anyone who could benefit from your services and ask for an introduction. Bill.com customers will see a new referral program link when you log on. Give it a try! We will pay you for referring your friends!
  • Get online. Have you created a Facebook Fan Page or YouTube channel for your business? Depending on what you do, it could be a great way to get the word out and interact with potential customers (and existing ones!). It' a great place to post those testimonials.

If you need more inspiration…

  • Learn a new skill. There’s a difference between routines and ruts. If you feel you’re stuck in the latter, shake things up a little. Even a one-hour e-course can get you thinking in a new way and add a new dimension to how you see your business.
  • Read up. Subscribe to a new business magazine or blog feed. Order that business book you’ve been hearing great things about. Download a podcast. The format doesn’t matter; the takeaways do.
  • Get outside. Even a 10-minute break from your own four walls can restart your brain. Make a habit of taking mini breaks during the day. Set your computer to chime every hour or two, reminding you to step away from your screen now and then.

All of us at Bill.com wish you, your families, and your business a healthy and happy New Year!

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2 Comments
  1. Thanks for sharing fellas.. great tips for the new year. We can’t wait for it to get started.

  2. Nice tips for the beginning of the new year! Hope to read more great info from you. And congrats to you too!

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