Each New Year people form resolutions in hopes of making the coming year better than the last. Among the most notorious list-toppers in this regard are better diet and exercise habits. Although these are hardly original aspirations, no one can thrive without good health, and most people are all too aware of where improvements are needed.
Similarly, one of the best New Year’s resolutions for business owners is to foster a healthy business—entrepreneurial brain children have pants sizes, too. Here’s how to assess your company’s current health and set goals for the new year.
First, calculate how your business is doing financially in terms of the following key metrics:
Other important, if less quantifiable, assessments concern how well you understand business strategy.
Toxic work cultures can cause reduced productivity and profit loss. Here are some tips for promoting a healthy business culture:
Enrolling in a business accelerator program and working one-on-one with a business coach is an excellent way to get guidance on keeping your business healthy. If you own a small business in the Northwest Chicagoland area and are ready to accelerate your business growth with coaching, consider applying for admission to our business accelerator program with Next Level Northwest.
Next Level Northwest is a business acceleration public-private partnership serving the Northwest Chicagoland region. We support regional and local businesses through collaborative and innovative initiatives to help grow the economy. Download our Program Overview PDF here.
Ready to take your business success to the next level and become a Next Level Northwest graduate? Download and prepare your application following this process today!
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