Every New Year ushers in new ideas, new resolutions and new trends. Paying attention to the emerging ideas can be key for business success. Staying on top of predicted trends and shifts can help small business owners stay ahead and take advantage of opportunities to grow.
According to experts, the outlook for Nevada’s economy this year is positive and projected to fare at least as well as it did, or perhaps even better, in 2018. However, one or more known or unknown wild cards could have a dampening effect.
The New Year will arrive in a few days, so consider these resolutions for your business for 2019.
November and December are some of the busiest months for small business owners. But taking the time to thoughtfully wrap up the year can have a major positive impact on next year. Here are some things business owners should focus on as 2018 comes to an end.
At this time of year many of us make resolutions for the New Year. If you are a small business owner, a resolution you should consider making is to prepare a budget for the upcoming year. Some small business owners tend to believe only large corporations and businesses need budgeting. Not only is budgeting is critical for your business’s success, it represents your business’s financial goal.
We’re about to leave 2016, which may go down as one of the most eventful years for investors since the Financial Crisis. The year started with a tumultuous market sell-off, then major geopolitical events including Brexit and the surprise Trump victory. The U.S. stock markets (S&P and Dow Jones) have sky rocketed, the U.S. dollar has soared to its highest level in 14 years and interest rates are on the rise. Some people are concerned. Others may be peering over the bridge’s edge into the icy waters below. There are reasons for nervousness. Control and don’t be discouraged for 2017. Here are three areas all focused on the theme “Be Flexible.”
The New Year arrives in a few days, so for 2017, resolve to create business and marketing plans, find new revenue sources, control your expenses, develop financial reports, spend time networking, and make effective use of Social Media, mentors and a Board of Advisors.