Christmas is just around the corner and we only have a few weeks of business left for 2019. This is the time of year when many people talk about ‘winding down for Christmas’ but surely, the year end should be a key time to reflect on the year you’ve had and look ahead to what goals, targets and expectations you want to set for 2020.
So, what are the best things a business owner can do during the festive period?
1. Complete those ‘Put Off’ Business Tasks
Many businesses close or have significantly reduced staff working over Christmas and New Year and it’s certainly a time when the phones, emails and general enquiries are much quieter, so it seems like a great time to get those ‘put off’ tasks ticked off that have not been taking priority.
So how can you take advantage of that?
Make a list & delegate
Make a list now of all the large, non-priority jobs that could be completed when business is a bit slower. Then, either schedule in time to complete those tasks yourself or delegate them to your staff before Christmas arrives so they know exactly what they need to do between Christmas and New Year. That way, those ‘put off tasks’ will be done and dusted, and you can start the new year more organised and ready to tackle the business challenges and opportunities that January will bring.
2. Finalise Your New Year Business Plan
Many people have personal New Year’s Resolutions such as eating less chocolate or being more organised, but what about your business resolutions and plans?
Get your team to produce their 2020 plans
Teams who have a clear plan for the new year ahead of closing the office for Christmas are more likely to ‘hit the ground running’ and have a better start to the business year when they return. So, consider the following questions:
- When will your team be producing their plan for 2020?
- Which departments or members of staff need to be involved in creating the business plan?
- Have you reflected on the last year and what changes should be made to improve the business next year?
- How will you communicate the plan so that everyone know their part and how they can contribute to the business’ success in 2020?
- What are your goals and objectives for the next five years and what tactics will you use to achieve them in 2020?
3. Improve Your Staff & Culture Management
As a business owner, you need to decide whether you have been satisfied with the performance of your people this year, and whether the way you managed them was effective.
Think About Staff Performance and Reward
It might be a good idea to do some thinking over the festive period about what improved mechanisms you can implement early in 2020 which will enable you to manage performance more consistently and reward accordingly during the year. Read this article from Entrepreneur.com about the best ways to reward your employees.
Think About Your Company Culture
The Christmas period could be a great time, when things are quieter, to decide the ways in which you can make your company an even more enjoyable place to work. Write a list of your thoughts in preparation to take them to your leadership team in 2020. Here are some top tips about building an effective company culture.
4. Use the Christmas Period for Recruitment
Are you looking to expand your team in the next year? You might be thinking it’s best to wait until the new year to begin the recruitment process for your business but, it might be a good idea to get started beforehand.
Get in touch with recruiters
The festive period is notoriously a quiet time for recruitment consultants so they will potentially spend more time dedicated to your campaign to find you the next lot of talent to join your team. Candidates are likely to be at home, relaxed and probably more flexible out of work to take calls, and if they’re looking for a fresh start in 2020, they may very well be searching social media and job sites for new opportunities. So, don’t delay!
5. Relax and Recharge
Above all, we recommend that you take this Christmas period to take some time for yourself, your friends and your family. As strong believers in a work/life balance, Christmas should be a time when you relax and recharge so you’re raring to go when business starts again in the new year.
Plan your time out of business
And in the spirit of balancing your work life with leisure, why not take the Christmas period to talk over and organise your holidays for next year? This means you have something fulfilling to look forward to when inevitably, your business starts taking up a lot of your time and challenges you to make those tough decisions. Once this starts you might lose the time to organise your time away, so spend the Christmas period doing it, then you have it all booked in!
And there you have it, our top tips for how business owners can start using the Christmas period effectively and get ready for the year ahead!
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