Business

How To Start 2017 For Your Business

2017 new year

2017 is knocking, are you ready? The new year is upon us, some may be celebrating another successful year with champagne, where others may be contemplating on the next strategy to implement for their business. As you figure out which side of the coin you’re on, it’s best to understand the most effective approach you should take to make sure 2017 is not only better than 2016, but your best year yet.

Go Back To Basics in Business

To have a successful year, it starts with the basics. You need feel secure and confident that the foundation you have set, will help you excel in the new year. Having that confidence in your system, finances, and administrative work, will allow you the peace of mind to continue moving the needle forward in business.

If entrepreneurship is in the cards for 2017 (or you’re already an entrepreneur/business professional), then this is the time to look at the preparatory checklist and assess exactly where one stands. Here is how to start 2017, the right way.

Have the Right Mindset Day One

Forget all of the negativity that happened in 2016. It’s a new year and a completely new slate.

Review Your Financials

Check up on the left over cushion money, but more importantly look at your bank statements or end of year review. If you’re not already working with your accountant, be sure to give that individual a call to review what happened this year. To hit 2017 in stride, it’s critical to have your personal and business finances in check.

Check Up On Your Business Plan

A proper business plan has to be a blueprint to how you conduct and want to conduct business. Take the time to revise your business plan add or subtract items on that plan you feel do not make sense. Being diligent now will save a lot of unnecessary hassles later as you continue to expand/grow your company.

Select Your Team Members Wisely

Coming from experience, finding the proper talent to work for you is the hardest part of business. Before making new hires, be sure you take the time to assess your teams’ strengths and weaknesses. Then hire those to fill the voids. Reviewing your business plan will be a tremendous help when making these evaluations.  If you hire right in 2017, you are already on your way to success in 2018!

Assess Your Risks

Finally, check on your insurance coverage. Review the existing risks and think about the new risks planned for 2017. A new home, a new car, addition of new properties, launching a new sector of your business, starting a new family, planning retirement – carefully plan and cover the risks with the adequate insurance. Consult with the experts to ensure the protection of your family, property and business.

Personal Growth

As important as your business is, it’s equally important to get your mind right. Here are a few ways you can personally grow in 2017:

Prioritize Your Health

Sustaining a wellness plan for all 12 months of 2017 is tough, but rewarding. Do not let minor issues like back pain or soreness to affect your plan. Write down your goals for daily exercise and schedule an annual medical checkup. A healthy body works like a magnifying glass for the joys of life – zooming in on the positives and zooming out when negatives occur. Don’t get distracted and be sure to get your health corrected this year.

Declutter and Organize

Look through the space in your house, office, car, backyard and even phone and email inboxes. Clean up all the junk, sort the remaining in order. The time and effort put in to declutter and organize the stuff now will give a huge advantage on the upcoming year’s activities. Start it off with a fresh plate.

Treat Yourself

Don’t spend all of your time working in 2017.  Try to relax more by doing things you find fun.  Participate in social and cultural events that will expand your current limits. Make time to read books (both for business and pleasure), watch movies, or cater to a hobby. Plan ahead and make a wish list to cultivate some of the classics this year. If budget permits, go for a new wardrobe (maybe at least partially new) to start the year with a special zing!

Travel More

Plan for trips outside the scope of business in 2017. Go with friends and family or make it a solitary trip. But do visit a new place, experience a new cuisine, meet new people, even try to pick up a new language from the locals when traveling.  Going on a relaxing trip is one of the best modes of investing in yourself. Plan to make some memories and memoirs on the trip(s).   

Make Time for Family and Friends

Finally, catch up with friends, attend family get together events, meet up with cousins, and celebrate birthdays and anniversaries! Don’t get too occupied with work, career and the future ahead. Enjoy the present with the people you love. Family and friendships are not replaceable assets in one’s life – value them most and 2017 will be a great year!
Have a great 2017!

Jon Sharp, President of Hardenbergh Insurance Group which is an independently owned and operated insurance agency serving the Delaware Valley since 1954. Hardenbergh Insurance Group works with and creates proactive risk management solutions that allow their customers to focus more time and energy on their business, rather than their insurance concerns.

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