Time To Review 2021 and Plan for 2022
What are your business goals for 2022?
The beginning of a new calendar year is an excellent time to review the year just finished and reflect on what worked, what didn’t, what you’d like to change and new things you’d like to implement.
Last year, there were inescapable impacts on businesses, with some thriving, others failing, and others just getting by. So what kind of year was 2021 for your business? Take the time to review the year and acknowledge all that has happened, good, bad or indifferent. Examining the year with an objective perspective can provide valuable insights to prepare for the next business year. Planning and goal setting will help provide a focus for your business efforts.
Your Yearly Business Review
What were the most significant impacts on your business in 2021? How well did you meet the challenges?
What worked well last year? What systems, technology, products or services were successful?
What accomplishments can you celebrate?
What situation, event or experience provided the biggest learning opportunity?
What is the biggest challenge or frustration you face as you prepare for 2022?
What did you most enjoy during the year? Do more of it. What did you least enjoy? Do less of it!
Analyse your financial reports. Are you earning what you’d like to? Is the business sustainably profitable?
Get Ready for a Great 2022
While there are many metrics you could evaluate to track business performance, we’ve given you just a few ideas to inspire your business planning for 2022.