Is it time for a Business Review?
Your Business Review is due
What’s in focus for your business over the next 6 months? Not sure? It’s time for a business review.
Yes, we’re almost halfway through 2017! I don’t know where the first six months of this year disappeared to, but July is almost upon us.
Why undertake a Business Review?
With this in mind, I’ve recently undertaken a business review of The Professional Writer. In order to move forward effectively and strive to improve, I believe it’s important to first reflect on the year so far. This includes going over the incredible highs and a few lows of the past 6 months so I can focus on capitalising on what’s really working and come up with a strategy to address a few of the challenges I’m experiencing (we all have them, don’t we?!).
Reviewing your business performance stops you from becoming complacent or just muddling along hoping everything will be okay… yes, most of us have been there too. Sure, I review my figures and outcomes on a monthly basis, but a six monthly business review provides me with more information and a bigger picture perspective of where the business is headed.
A Business Review can set you up for success
Success in life, and in business, isn’t just about having the right skill set or certain qualifications, it’s about having the resilience to bounce back when things don’t work out as planned. A business review provides the opportunity to take a good look at what went wrong and either view it as a defeat or see it as a chance to improve.
Action is key
Business success is also based on taking action. All the planning in the world will be ineffective if no action is taken. Don’t wait for everything to be perfect, as this can result in long delays. By taking imperfect action, you’re setting the wheels in motion. You can always change direction later if what you’ve done isn’t working.
Setting your intention
What is your intention for your business in the next 6 months? What do you want to achieve? As part of my business review and business plan, I’ll be confirming my intentions by setting a number of distinct goals for myself and my business, as well as targets for my budget and statistics. If I don’t do this, I know I’ll just be muddling along, working hard in my business and suddenly, it will be December and I won’t have achieved everything I could have.
Doing a business review has the capacity to reinforce your confidence, help determine your direction while working towards achieving important outcomes – and set you up for success.
How’s your business travelling so far this year? Is it time for you to do a business review too?
If you found these tips helpful, please like and/or share with your business associates or LinkedIn connections.
Hi, I’m Lyndall Guinery-Smith, The Professional Writer. I write copy dedicated to attracting and engaging your customers – and improving your bottom line. I happily work with clients all over Australia. Email me to arrange an obligation-free discussion about your latest project. Or if you’d like to learn how to connect with your audience and build your business, why not input your email address and receive my regular marketing updates in your mailbox? You can sign up for our mailing list at the base of the Home Page on www.ProfessionalWriter.com.au.