Empower Your Business

Accounting is Just the Beginning

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Top Tips For Business Growth

20 somethingIt’s easy to sit back and enjoy the fruits of your labour and become comfortable with your current business position.  But don’t become too comfortable.  Isn’t that why you got into business in the first place?  To step away from that zone and challenge your way of thinking?

Always be aware of and listen to your market.  It’s easier to swim with the current than against it so make sure you are offering a product or service that people are actually buying.  Do your research and find out about your target market, their needs and their wants then provide something that delivers on these.

Business growth will come by changing your mindset.  If the market is not doing well, don’t look at this and use it as an excuse for your business not to grow.  A positive attitude is the first step towards growth.  If you surrender to your current situation, you’re not going to grow.

When you think of growing your business, don’t let it stress you out.  Try to do just a little bit every day, not everything.  Make concise lists about what’s important and what steps you need to take to ensure these tasks are completed, before moving on to the next.  If you don’t complete them on time, don’t worry too much but try to set realistic timeframes where possible.  Try to be as motivated as possible.  Be aware of productivity killers such as procrastination and distraction.

Productivity Killers

One of the most important elements to business growth comes from managing productivity.  This can be done by being aware of your habits and making basic changes to the way you work.

The wrong mindset. We all know that attitude has a lot to do with our productivity.  By having a more positive outlook on the day or week ahead, your motivation will accelerate and lead to better productivity.

Distractions.  Some people go so far as to remove distractions such as social media from the workplace.  However it wouldn’t actually matter what you removed, there is always something to distract us from our work. Whether it is the view out the window, personal emails, a fly in the room or idle chatter with a colleague, these are all productivity killers.  What we need to do is be aware of these distractions and learn to work through them.

Lack of routine. Without structure, it’s easy to become lazy.  Set a regular pattern and stick to it each day, and not just in your work environment.

Awareness and little changes over time to some of these productivity killers will subconsciously improve your work ethic over time and help steer your business toward positive growth.

If you need help with your business growth contact Nick on 0800 ASK NICK or email nick@abac.co.nz.