5 EFFECTIVE STRATEGIES TO FINISH YOUR BUSINESS YEAR STRONG

2020 IS COMING TO AN END AND EVEN THOUGH IT HAS BEEN A CHALLENGING YEAR FOR MANY OF US, THERE IS STILL TIME TO END IT WITH A STRING OF SUCCESSES. 

You still have a whole month of activities! Shifting your energy and creating momentum that you can carry into 2021 is key.

What can you do to use the time remaining in 2020 to finish on a high note heading into 2021? 

MY 5 EFFECTIVE STRATEGIES TO FINISH YOUR BUSINESS YEAR STRONG WILL HELP YOU WITH THIS.

1. REVIEW ALL YOUR OPEN DEALS AND BRING THEM TO CLOSURE

One thing that can negatively affect every businesswomen’s energy is a long list of unfinished or incomplete projects and contracts. 

Do you procrastinate on things that you know have to be done sooner or later? 

Have you suspended projects that are missing the last final item?

Do you have open business deals that require just a bit of your time?

Sometimes one phone call, one action, and one hour of your time is enough to CLOSE all unfinished matters. The end of the year is that moment! You deserve that lightness and the feeling of weight off your shoulders when you check off another completed task.

I invite you to create a list of your open items:

  • contracts;
  • deals;
  • clients;
  • projects.

Commit yourself to bringing them to completion and closure. Completing unfinished items can create a big energetic shift in your mind and help you improve your revenue at the same time. 

2. KEEP YOUR EYE ON YOUR FINANCIAL GOALS AND EVALUATE

You still have the next four weeks to meet new clients and get closer to your financial goals. Now is the time to network, reach out to your prospects, create a new offer, and be present on your social media channels.

Reviewing your most successful ways of getting new clients, will help you make decisions about investing your money and energy in the strategies and ways that can bring you the most customers/orders. 

The most important question I have for you is: do you know which places/activities bring you the most customers?

  • Referrals?
  • Speaking?
  • Google?
  • Social media?
  • Advertising campaigns?

Evaluate and summarize what brought you the best results in the past. 

This simple step will give you ideas on what you can do to ensure that you squeeze 200 percent out of the remaining weeks of 2020 as well as 2021. As a result you will be able to take more strategic steps in the New Year to bring you closer to your next financial goal. 

3. KNOW YOUR FINANCES – PREPARE YOUR P&L (PROFIT AND LOSS)

Keeping an eye on the company’s cash flow is perhaps the most disliked yet essential part of running a business. Without it, you are like a child in the fog. 

I encourage you to make a summary of your finances so that you know exactly where you stand.

Were you able to achieve the planned revenues? 

Which months were the best? 

What can you realistically do by the end of the year? 

You will know which steps and strategies you and your employees implemented that brought the most significant benefits and which did not bring outstanding results.

Make sure you are current, and you know how much you will be paying in taxes…it will help you when the tax season comes. It will also help you see any expenses/investments you want to include in 2020. 

4. USE THE REMAINING BUDGET WISELY UNTIL THE END OF THE YEAR – HIRE A COACH!

The end of the year is all about using your business’s budget in the best possible way. Perhaps it’s time to invest in some initiatives you have been deferring? 

For example: advertising on Facebook, a new brochure, or hiring a coach?

A business coach will bring a fresh new perspective to your company, and help you grow your revenue. 

Here’s what you can expect from working with a coach:

  • a totally fresh look at your company’s business potential;
  • a new revenue growth strategy;
  • accountability, inspiration, and motivation;
  • guidance and professional advice;
  • new strategies for managing staff and employees;
  • easy solutions to issues that seemed unsolvable to you;
  • improving your well-being and balance

A business coach will help you find solutions that you haven’t come up with yourself, and which may turn out to be surprisingly simple. A skilled coach will inspire and motivate you to act.

5. FOCUS ON YOUR GOALS AND DESIRES AND KEEP YOUR MOMENTUM

Running a business is often jumping between solving current problems and ensuring the achievement of goals. For many businesses recently, there was more action, which could have made you forget about your desires.

I invite you to recall your company’s mission and vision and the related strategy from the beginning of 2020. Your goals and desires regarding future development and the money earned are as important as facing current challenges. 

As a founder and a CEO, you are the one who needs to keep an eye on the big picture. 

Focus on your goals, keep your pace, and don’t let temporary inconveniences overshadow them.

I want to congratulate you on everything you managed to achieve this year. This year was unique in every way. Not only did you survive it, but you also did your best to achieve your goals and desires. I wish that December is for you the best month of all. I believe that bringing things to an end, evaluating your finances, hiring a coach, and focusing on your goals, will bring you tangible results, the fruits of which you will reap from the very beginning of 2021!

IF YOU NEED PERSONALIZED SUPPORT TO CREATE YOUR DREAM BUSINESS  AND FINANCIAL FREEDOM, AS WELL AS TO LIVE YOUR TRUE PURPOSE IN 2021 AND BEYOND, CONNECT WITH ME. 

Let’s create a plan to help you reach your business and personal goals from a space of true alignment and using world-class strategies.

Visit my WEBSITE and book your FREE CONSULTATION so we can talk about how I can support you in getting clear on your business, lifestyle, and financial objectives.

Sending you lots of love,

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For more info visit our website @ldvelite.com

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ABOUT THE AUTHOR

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RENIA M. ORR IS AN INTERNATIONAL BUSINESS STRATEGIST, SUCCESS COACH, SPEAKER, AND THE FOUNDER OF LDV ELITE. 
SHE IS A SPEAKER FOR FORTUNE 500 COMPANIES, APPEARS ON NBC TV AND OTHER TELEVISION PROGRAMMING, AND IS AN ACCOMPLISHED AUTHOR.

Renia M. Orr