Business Strategy – Year End Considerations Merchant Cash Advance
As we enter the final weeks of the year, you are undoubtedly hunting for merchant cash advance gifts. While these are obvious year end considerations, you should also be merchant cash advance reviewing your business strategy for 2006.
Business Strategy – 2005
Whether your fiscal year ends in December or doesn't, the end of the month is a merchant cash advance good time to take stock of how things went in 2005. While the old saying is "time flies", it is merchant cash advance particularly true for businesses. Business owners tend to merchant cash advance be fixated on two to three month time periods. As a result, they can fail to see merchant cash advance developments over longer periods of time. After you've taken care of all your holiday gift purchases, you should have merchant cash advance some down time in the last two weeks of the month. Business tends to slow down as people deal with the merchant cash advance holidays, travel to see family and so on. This is the perfect time to go back and consider the merchant cash advance business year. Specifically, you should focus on where your business was in January 2005. What were your goals at that time? Did you meet them merchant cash advance during the year? If not, why? You will almost always be surprised when you realize how the merchant cash advance business developed over the last year. This global view can give you a better perspective and merchant cash advance evaluation of how things are going.
Business Strategy – 2006
After contemplating 2005, you should give consideration to merchant cash advance what you want to accomplish and where you want to be by the end of 2006. Ask yourself the following:
1. What is a reasonable revenue increase for 2006 compared to merchant cash advance 2005?
2. Are their products or merchant cash advance services you should pursue?
3. Are their products or merchant cash advance services you should drop?
4. If a strategy is underperforming, does it make merchant cash advance objective sense to continue pursuing it or cut your losses?
5. What are your biggest merchant cash advance frustrations and how can you deal with them?
6. Who are your most valued employees and have you taken a merchant cash advance moment to thank them?
7. Who are your least valued employees and what should you do about merchant cash advance it?
8. Which vendors or suppliers do great work for you and which merchant cash advance don't?
Many other questions will run through your mind. There are no wrong ones. What is important, however, merchant cash advance is you write the goals and merchant cash advance thoughts down and keep them somewhere private. Next December, you should pull them out and see how things are going.
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Posted on: August 3, 2011 04:04 AM