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Do you want to identify your business’ untapped opportunities? Do you have big goals for the future of your business, but you are not sure where to start? In this blog, I will talk about 5 simple but highly effective tasks you should do for your business every month. From checking in on your socials, reflecting on the previous month, to setting new goals, these tips are sure to help you grow your business. Check out my 5 steps to unlocking your business’ growth potential!
Step 1: Reflect and Evaluate how the previous month went
Evaluating your month can look different for everyone. It may be reviewing your marketing performance, looking at the analytics of your monthly sales, celebrating successes, taking note of weaker areas, and identifying mistakes you may be making. Taking the time to analyze your business’ status monthly allows you to get out of your head and gain some outside perspective.
Step 2: Set goals and intentions for the upcoming month
Now that you have reflected on and evaluated the previous month of your business, you are ready to set goals and clear intentions for the upcoming month!
Here are a few examples of Intentions I have set for myself monthly:
“I am going to share more about the mission behind my business.”
“I am going to work on being more consistent with marketing my business.”
“I want to celebrate the small wins more because lately I feel like I have been “all work, no play.’”
By setting these intentions it will instill a weekly self-reminder to stay on track with your goals.
Step 3: Write a detailed list of what steps you need to take to accomplish your new goals!
You can’t have a goal without attainable steps in place to achieve these goals.
No matter the goal you have, give yourself 1-3 tasks a week that assist you in working towards accomplishing this goal! If you’re working on this goal each week you will be able to slowly work towards it, instead of forgetting about it or rushing to finish it at the end of the month.
Step 4: Track and manage earnings and expenses
Now for the part of the business that every business owner loves (I can feel the big sigh you just made), managing our finances. This is something every business owner, no matter the industry they’re in, should be doing regularly because you want to make sure you are spending your time and money wisely.
Spend a couple of weeks writing out where your money is going and coming. If it's not always consistent, don’t worry! This will put into perspective what you’re putting in and what you’re getting out.
Step 5: Stay consistent with social media and check your analytics
If you want growth, brand awareness is going to be key! One of the best avenues for brand awareness is Social Media Marketing. This can look like posting and engaging daily on your business’ social profiles.
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