Here at HBT we're back in the Office this week after our Christmas break. We hope you all had a most enjoyable Christmas and New Years. With it being a new year, this is the perfect time to complete a review of 2022 and plan for the year ahead. 

What are your business goals for the year ahead?

Last year, there were inescapable impacts on businesses, with some thriving, others failing, and others just getting by. So what kind of year was 2022 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. Think about what went right and how your business can use that knowledge to make fresh improvements again this year. Think about what went wrong and any weaknesses in your business which should be rectified. To get you thinking, go through our list below and consider how your business stacked up in 2022. 

Your Yearly Business Review

• What were the most significant impacts on your business in 2022? 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 2023?
• 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 Year

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 2023.

If you’d like to chat about what you can do differently this year to enable your business to thrive, let us know!