5 New Year’s Resolutions Every Small Business Owner Should Make

 Posted on January 08, 2021 in Business Law

Owning a business is no easy undertaking. Regardless of the size of your company, work tasks can seem overwhelming. In addition to your average workday, you are likely considering new ideas and areas of improvement during your off time, especially as the new year rings in. This past year may have been exceedingly difficult on your business as was the case with many small businesses across the country. With the COVID-19 vaccine becoming available to Americans, the economy and society are finally making their way back to normal. You should consider the following New Year’s resolutions to get your Florida business back on track and start 2021 with your best foot forward.

Do a Deep Clean

Throughout the year, paperwork can quickly pile up and you may feel as though you are stuck in the weeds. You should take time at the beginning of each year to refresh your databases and filing system. This will keep things organized, make important documents easier to find, and improve your business’ efficiency.

Improve Your Leadership

As the owner, it is your job to be a consistent leader, even if the unpredictability of the upcoming year has you on edge. Being a leader is about taking on new challenges, effectively communicating to your team, and properly delegating tasks to each team member. Taking on a stronger leadership role does not mean that you need to do everything on your own. In fact, the best leaders consult other professionals, such as financial assistants and business attorneys, to ensure their success.

Reconnect with Colleagues

Being successful requires consistent networking and outreach. Whether you are maintaining old business relationships or starting new ones, effectively networking can be the key to your business’ growth and success. Perhaps you and a business associate considered starting a new deal this past year but found yourselves at a standstill due to the pandemic. The new year may be the time to revisit these plans and determine if it is still a viable opportunity.

Learn Something New

If anything has come from this past year, it is ample free time with very few social gatherings to attend. Since this is likely to continue for the foreseeable future, take this time to learn something new that can be applied to your business life. Whether that be taking an online business course, reading more business news, or reviewing your contracts as a refresher, it is always a good idea to stay up to date and educated in your area of work.

Consider General Counsel Services

Up to this point, you may have relied on yourself, and only yourself, to make your business successful. Perhaps you have followed your gut when making decisions or you have consulted your spouse for advice. If you are interested in growing your business and making it even more successful, you should consider finding an attorney who offers general counsel services. This will allow you to focus on the inner workings of your business, while a legal professional handles the legal aspects of your work. Smaller businesses may not need an attorney on-site, but working consistently with an attorney can allow you to place your trust in another professional, who is not your competitor, about the details of your work.

Contact a Broward County Business Law Attorney

Many small businesses will avoid working with attorneys until they find themselves in desperate need of legal advice. While this may be effective, it can often leave you unprepared when the unexpected happens. The reputable legal team at Elliot Legal Group believes that in order to see success in your business, you need a reputable legal professional’s assistance. Attorney Elliot has nearly 20 years of experience assisting businesses of all sizes, from mom-and-pop shops to Fortune 500 companies. If you are looking to start this year off strong, contact our Fort Lauderdale, FL business lawyer today at 754-332-2102 to discuss your business goals.

Source: https://smallbiztrends.com/2019/01/start-the-new-year-off-right-small-business.html