Last week, we ran our Masterclass for some of our VIP clients, contacts and selected guests.
The day was split into five, to help those that attended to develop their future business goals & build out a plan.
- Reflections on the previous period: what worked and what didn’t, plus some goal setting
- Keynote speaker: How to hire on character
- Keynote speaker: How to build a world class team
- My business partner Clare and I sharing our reflections on the key trends in the market right now
- Developing an action plan for growth
In the section where Clare and I discussed trends, we discussed all of the challenges, frustrations and opportunities business owners that we talk to and work with on a regular basis are sharing with us and summarised these into eight key areas.
These are the key considerations for any business with growth aspirations to be reviewing and implementing over the next twelve months:
- Developing an exit plan
- Having a business plan
- Knowing your numbers
- Pipeline and pricing
- Delivering WOW!
- Attracting and retaining key talent
- Managing cashflow
- Getting the right help
Any business plan needs to consider these trends as these are the key opportunities and threats for all small business owners right now, especially those that are most relevant to you.
As we head towards the end of 2022, make sure you have a plan in place to capitalise on the opportunities you have and make 2023 a year to remember.
Running a business is tough and without the right plan, the right support and the right focus, it’s easy to become trapped. When you get to this stage, you often feel overwhelmed, stuck or uncertain as a business owner. Discover which one of four areas of your business is trapping you and how you can achieve the freedom to choose where, when and how you work. Take our Business Trap Diagnosis test here: tendo-uk.com/diagnosis