Tapping into either your existing support networks or finding new ones can really help you and your business to progress and keep moving in the right direction.
From getting support from accountants and bookkeepers, to working with business coaches and using training to progress, winning big with your business can quickly become a reality.
Here are the 10 tips to help your business thrive in 2021:
1. Find an accountant to support you with tax returns
Accountants can help out at various stages during the growth of your business. They can handle much more than just your payroll and tax returns.
2. Find a bookkeeper to help you stay on top of your numbers
A bookkeeper can stay on top of your business’ accounts daily for all transactions. By keeping track of every sale or purchase and using software to do it all, it’s much easier to keep an eye on your cash flow.
3. Get a business coach and stay focused on winning big
A coach will help you see the bigger picture
4. Start using business software and get help to use it to the max
Whether you plan to run an online or offline business, the Internet can provide you with much needed exposure for your new company. Consider the various Internet-based software tools.
5. Speak to a payroll expert to improve your processes
Managing your company’s payroll processes can, at times, feel convoluted and excessively time-consuming, but it is possible to make things easier by working smarter rather than working harder.
6. Get help from an HR expert on managing your people processes
Businesses don’t serve people – employees serve people. Businesses don’t make products – people make products. And that concept of the workplace being a very ‘human’ place to be doesn’t change despite all the automation that we’re seeing; it’s [actually] a chance to be more human and stand out from the crowd.
7. Talk to a time management pro and work more efficiently
A time management coach may seem like a new age thing, but as technology empowers entrepreneurs to take every detail of their business with them 24/7, it’s easier to feel too overwhelmed to prioritise.
It’s helpful to have someone to coach you on how to be more productive with your time.
A coach can show you different approaches to prioritising tasks and hold you accountable for sticking to your plan.
8. Take courses and upskill yourself and your team
The great thing about starting a business today is there are unlimited online resources to help you fill in virtually any knowledge or skills gaps.
9. Look for financial support
Funding your business can be difficult, whether that’s getting it off the ground, or growing a successful company.
Depending on your circumstances, a variety of government grants and loans are available.
10. Join a business networking group and learn from your peers
Peer networking groups meet to work through business challenges together.
It’s likely that someone within the network has experienced the same challenges as you and can offer insight to help.
While the ways in which your business needs additional support may seem endless, the resources you need for a thriving business are also endless.