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New Year’s Resolutions for Small Business Owners

Make 2015 Your Best Business Year Yet With These Action Items

The holiday season is, for the most part, behind us and most of us are finally getting some time to stop and catch our breath. As we do, we look forward to a fresh beginning with the New Year just around the corner. While you work on your list of resolutions for 2015, you should also think about the kind of changes you would like to see in your business in the next year. As small business owners, you have a lot on your plate each day and taking advantage of this special time of year to clear some head space and prioritize will propel you towards business success in the coming year.

To get you started, we would like to offer a few resolutions that you might want to add to your list:

  1. Try Something New: This is not just a resolution for your personal list. You encourage continuing education in your employees, right? Apply that to yourself as well. Do you struggle to understand your financial statements? Get the training you need. Do you have regular typos in your emails? Work on expanding your vocabulary and writing skills next year.
  2. Build Your Team: If you have any standout employees, let them know that you see their hard work. If you have an employee who you know is holding your team back, dialogue with them about making serious changes. If they cannot implement them, do not be afraid to let them go. Cultivate a healthy company culture and productivity will rise.
  3. Get Out More: We live in a fast-paced business world, but taking the time to slow down and meet your clients face to face will make you a standout in the industry. And while you are out of the office, start looking for industry events. The networking and learning you can do at one brief event makes it well work the time away from the office.

For guidance on maximizing your business productivity and profit in the New Year, contact Mike Stromsoe today! Mike Stromsoe’s Unstoppable Profit Producer Program is a premier wealth creation program that will help you work less, earn more, and enjoy life. Do not hesitate to call today!

Gift Exchange Ideas for Your Office Holiday Party

Get In The Giving Spirit With These Fun Options

As business owners, you have likely seen your fair share of awkward Secret Santa exchanges. You want to keep the holiday merry and bright, but too many nervous givers or disappointed receivers can trim down the seasonal spirit. To make sure the giving portion of your next holiday party is fun and easy for your employees (and yourself!), consider using these unique gift exchange ideas:

  1. Charity Cheer: Set a dollar limit and make sure each employee is okay with contributing that amount to the gift exchange this year. Then, have each employee write the name of his or her favorite charity on a slip of paper and put it in a bowl. Have each person draw the name of a charity that they will give a donation in the set dollar amount. You avoid the common exchange of kitsch and offer your team a chance to give back this holiday season.
  2. Mug Mingling: How many employees do you see coming in with a coffee or tea to nurse in the morning? Most of them, probably. Consider encouraging the giving of a gift everyone will use by mandating that mugs be the present of the season.
  3. Auction Action: If you know your creative team will want to have the chance to express themselves fully with their gift, make the only parameter a price limit. Rather than doing a traditional exchange, though, set up an auction. Give each employee a certain number of points, and let the highest bidder go home with their desired gift (added bonus: someone may end up with an item they actuallywanted!).

Give yourself, your team, and your clients the gift of a business that is implementing best practices and cultivating growth by contacting Mike Stromsoe today! For increased business success in the new year, do not hesitate to call! Mike Stromsoe’s Unstoppable Profit Producer Program is a premier wealth creation program that will help you work less, earn more, and enjoy life.