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Prepare your business for the new year
Monday, 30 November 2020 / Published in Cube News

Prepare your business for the new year

The holiday season is finally upon us, and what a year it’s been! Should your business have survived this year, you can be proud of yourself. With the new year around the corner, it is the perfect time to prepare your business to meet all its new year goals.

Here are a few key elements to work on before the year comes to an end.

Organize Your Operations

Organization within your business is incredibly important – to keep it consistent throughout the year, rather than leave it until the end of the year when the rush is being felt by all. Before 2021 arrives, run through your internal operations to ensure that everything is in line with your strategy to commence the new year in an efficient way.

Several factors to work on:

  • Addressing your budget—Do you have a realistic and confirmed budget in place for the new year? If not, set those budgets up now, so that you have a plan. Ensure that your budget includes monthly expenses, revenue as well as projections of how much business you will need to bring in, in order to remain profitable. If the difference between revenue and expenses is too great, you may need to look for additional financing or find strategies to reduce costs further.
  • Taking inventory of your supplies – If your business deals with tangible products, ensure that you have an accurate record of stock. The actual stock quantities may vary from what you believe. Double-check your inventory now, so you don’t run into any unwanted problems upon entering into 2021.
  • Digital Operations – Has your business gone digital yet or are you still using Microsoft Word to draw up quotes and Excel to manage your production schedule? There is no better time than now to take the plunge into the digital sphere. Whether that is an online accounting package solution, CRM (customer relationship management) tool or even just a lead management tool to smooth out processes. Once you switch over, you won’t believe how you have been running your business the “old school” way for so long.
  • Declutter – Cleaning up is a task that many people dread, but a lack of organization can obstruct your productivity and can become far too overwhelming to deal with in the future. Prevent this from happening by cleaning up your mailbox and files regularly. Delete outdated documents and mails that are no longer needed.

Get a head start on 2021 now and start next year fresh and ready!

 

Seek Your Office Solution

Start searching for a space that ticks all the boxes when it comes to your ideal office that offers multiple solutions. Cube Workspace offers premium, serviced offices with in-house IT support, meeting rooms, professional reception services, creative thinking spaces, 24-hour security and much more. Should you plan to continuing working from home, Cube Workspace also offers a practical Virtual Office solution.

  • Settle into a private office – No matter what your office space requirement may be, we have various solutions to fit your business and budget. Our private workspaces can be altered to accommodate your requirements, so that you work in an environment that suits you.
  • Work from home – Our affordable virtual office options come with the benefit of flexibility and mobility, while you focus on growing your business. We offer you a professional business address and call answering service for all your business communication, without occupying any physical office space.
  • Meet your team – Host your monthly meetings in our modern, sanitised boardrooms that are available to both Cube clients and those needing a professional environment in which to host a meeting. The ideal way to impress your clients – The Cube way.
  • Pay as you work – Have you ever heard of an office solution that allows you to pay as you work? Our newest offering offers you the ability to use a desk for a day on an ad hoc basis. Perfect for those days where you need to focus without interruptions.

Get Motivated for 2021!

The end of 2020 is certainly a finish line that we can all be proud to have crossed. Now is the time to prepare for your next step and get as energised as possible for the New Year.

Motivate your staff, motivate yourself, motivate your clients!

It will make 2021 a lot easier when you are working with people that are in the same frame of mind.

As the year starts to slow down, this is a great time to use your energy to start working on goals for 2021. Think back on this year and use your businesses overall performance to figure out what you can change, improve, remove and restructure to make 2021 a fantastic year! These goals can range from small to large, but the main aim is to provide you with direction and motivation for the New Year. Don’t be afraid to go big! After all, your goals should position your business for success.

Sign up to become part of the Cube family and allow us to assist you with making work-life the way it should be!

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