Contact Us Today! 1-844-237-4300

Central Technology Solutions Blog

Tip of the Week: Business Improvement Resolutions

Tip of the Week: Business Improvement Resolutions

A full week into the new year, have you resolved to make any improvements to your business? In light of all the resolutions that may (or may not) have been broken by now, we decided to share a few resolutions you could put into place to improve your business and its processes.

Make S.M.A.R.T.er Goals

I know, I know… it isn’t as though you don’t already have goals for your business to reach, whatever they may be. However, not all goals are set equally - there are ways that you can improve your likelihood of reaching them. One way is to follow the S.M.A.R.T. methodology, which means that all of your goals are made to be:

  • Specific
  • Measureable
  • Attainable
  • Relevant
  • Timely

To make sense of this, let’s create a S.M.A.R.T. goal here. To do so, we’ll assume you want to see more revenue come in. To make this more specific, let’s specify where that revenue should come from - perhaps recurring services. To make sure your progress is measurable, you want to set a few concrete values, as these are easier to measure and track. For our case, let’s say that you want to increase the number of people signed on to your recurring services by a total of 15 percent within the next month.

Now, ask yourself, is this goal an attainable one, under typical circumstances? While there is nothing wrong with being expeditious, you need to make sure that you aren’t sending yourself on a fool’s errand at the same time. So, let’s pretend that, in this scenario, you see a natural sign-on/conversion rate of about three percent for these services each month, and can increase that to five or six percent if you push them. That means that a goal of 15 percent is pretty much doomed for failure. As a result, we should adjust this goal to signing on 15 percent more in the next three months.

Furthermore, your goal needs to be relevant to your business’ ongoing success. Does the service you are pushing increase your profits, or does it make your other tasks simpler to accomplish? You should focus, first and foremost, on goals that benefit the business and/or its processes. Finally, and hearkening back to the selection of three months over one month, you need all of your initiatives to have a timely end. Otherwise, you won’t be as motivated to strive for success - you’ll probably get there someday, after all - and really, what kind of goal is that?

Motivate Your Team by Improving Your Culture

Not all business growth can necessarily be measured in mathematical terms. However, this other growth can have an impact on the benchmarks that you might first think to measure - such as generated revenue, employee retention, or productivity - as well as provide clearly visible benefits to your business. Basically, by making the workplace a place where people are happy to work, you can make progress toward these goals as a natural side effect,

To accomplish this, have your employees chime in and share what might make them feel more energized and enthused to come to work - and then try to act on it. By working to motivate everyone, you help lift up the culture of the entire workplace - as well as create an environment that attracts many prospects to join your team.

Strengthen Your Business Relationships

While many business owners might dream of becoming the next huge, global business, there are certain disadvantages to becoming one. For instance, when managing a colossal business like that - despite what many advertisements may say - the tendency is to make everything as impersonal as possible, mostly out of practical necessity. The thing is, many clients are looking for a personalized experience, the relationship that a smaller provider can provide. Building relationships like these can be the difference between you getting their business, and the conglomerates getting it. 

Are there any resolutions that you’ve made for your business this year? Share them in the comments, and don’t forget that we’re here to help with any of your technology needs to give you the best chance of accomplishing them! For more information, give us a call at 1-844-237-4300.

Potential Issues Your Server Could Experience
How Cloud Services and Pizzerias Offer Similar Ben...
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Tuesday, August 04 2020

Captcha Image

By accepting you will be accessing a service provided by a third-party external to https://www.centraltechnologysolutions.com/

Join our mailing list!

  • Company Name *
  • First Name *
  • Last Name *

      Mobile? Grab this Article!

      QR-Code dieser Seite

      Tag Cloud

      Security Tip of the Week Technology Best Practices Business Computing Productivity Cloud Hosted Solutions Data Privacy IT Services Network Security Data Backup Email Malware Internet Hackers Software IT Support Business Efficiency Outsourced IT Innovation Microsoft Data Recovery Computer Hardware Mobile Devices Productivity Managed IT Services Small Business Google Upgrade Business Continuity IT Support Cloud Computing Backup Cybersecurity Collaboration Ransomware Phishing Smartphone Tech Term User Tips Communication Workplace Tips Managed Service Provider Disaster Recovery Managed IT Services Business Management Windows 10 VoIP Smartphones Managed Service Internet of Things Mobile Device Android Paperless Office Remote Monitoring Social Media Quick Tips Data Management communications Network Facebook Browser Encryption Managed IT Saving Money Server Artificial Intelligence Save Money Office 365 Windows 10 Windows Business Technology Virtualization BDR Miscellaneous Covid-19 Risk Management BYOD Help Desk Wi-Fi Compliance Passwords Holiday Government Vendor Management Health App Document Management Password Office Remote Work Microsoft Office Mobile Device Management Users Automation Training Windows 7 Apps Healthcare Unified Threat Management Data Security Big Data Analytics Chrome Recovery Firewall Bandwidth Applications Avoiding Downtime Bring Your Own Device Going Green Employer-Employee Relationship Robot Laptops Gmail Telephone Systems Information Technology SaaS Infrastructure Wireless Regulations Data loss Vulnerability Blockchain Computers Storage Information Apple Hosted Solution IT Management Redundancy Website Mobility File Sharing Processor Tip of the week Money Scam Two-factor Authentication Computing Project Management Data storage Antivirus Content Filtering Customer Relationship Management Employee-Employer Relationship Printing Virtual Private Network Operating System Politics Gadgets IT Service Work/Life Balance Access Control Remote Computing Unified Communications Settings Hard Drive IoT Downtime Flexibility Social OneDrive Machine Learning Company Culture RMM Customer Service Software as a Service Tablet Meetings Virtual Reality Router Proactive VPN Files Maintenance Budget Sports Display Private Cloud Bitcoin Remote Worker Remote Monitoring and Management End of Support Tech Support Management Data Breach Outlook Mouse Network Management Internet Exlporer HIPAA Assessment Remote Workers Monitors Digital Payment Cooperation How To Social Network Electronic Medical Records Websites Identity Theft Google Drive Server Management Alert Licensing Mobile Security Spam Business Growth Consultation Uninterrupted Power Supply File Management YouTube How To Samsung WiFi Mobile Computing Payment Cards Electronic Health Records Mobile Office Hacker Monitoring Chromebook Word Search Employees Administration Augmented Reality Co-Managed IT Dark Web Solid State Drive Current Events LiFi Wireless Technology Legal Recycling Education Utility Computing Consulting The Internet of Things Professional Services Managed Services Upgrades Data Storage IT solutions Smart Technology Twitter Patch Management Time Management Managed Services Provider Networking Net Neutrality 3D Printing CRM Multi-Factor Security Wearable Technology Best Practice Hard Disk Drives Virtual Machines IT Budget Microsoft Excel Modem Batteries Enterprise Content Management Hacking Finance Printer Alerts Cyber security Theft Distributed Denial of Service Annual Convention Projects Servers Gamification Remote Working Marketing Processors Cabling Wasting Time Smart Devices Wires Human Error Office Tips Buisness Comparison Identity Proactive Maintenance Cost Management Digitize E-Commerce Unsupported Software Virus Point of Sale Google Calendar Solid State Drives Connectivity Credit Cards Update Cookies Windows 8 Save Time ROI Disaster Vulnerabilities Trending Authentication Teamwork WPA3 Mail Merge Financial Managed IT Service San Diego Identities Return on Investment Enterprise Resource Planning Bookmarks Technology Laws Cybercrime Database VoIP Sensors Sponsor Permission Telephony Specifications Database Management Touchscreen Shadow IT Features Techology Social Engineering USB Sync Mobile Data Law Enforcement Legislation IT Technicians Google Wallet Options Holidays Lenovo Public Cloud Permissions Nanotechnology Notes Geography Authorization SharePoint Staff Shared resources Windows Server 2008 Fleet Tracking Address Procurement Botnet Break Fix Social Networking Hard Drives Google Docs Active Directory Mobile Statistics Favorites Peripheral Travel Humor Voice over Internet Protocol Digital Obstacle Test Dark Data Personal Information Black Friday Roanoke — Central Technology Solutions GDPR Cache Outsourcing Disaster Resistance Safety Mobile Device Managment Software Tips Unified Threat Management Hotspot Gadget Mirgation Drones 5G Star Wars IT Superfish Automobile Computer Care Fraud Screen Reader Backups PowerPoint Value of Managed Services High-Speed Internet Notifications Downloads Deep Learning Asset Tracking Motherboard Windows Server Bluetooth Conferencing PCI DSS Spyware Telephone MSP Course GPS Cyber Monday technology services provider Video Conferencing Cyberattacks Proactive IT Outsource IT Black Market User Error Language Development Shortcut Zero-Day Threat Migration Alt Codes Wireless Internet Business Telephone Writing Emoji Virtual Desktop Smart Tech Crowdsourcing Operations Manufacturing Firefox Optimization OneNote Network Congestion Supercomputer Data Warehousing Cryptocurrency Security Cameras User Management Managing Stress Instant Messaging Transportation Mobile VoIP Tech Terms Computer Repair Tracking Technology Assurance Group ’s 18 eWaste Heating/Cooling Biometric Read Only IT Consulting Laptop G Suite History Computing Infrastructure Virtual Assistant WannaCry Vendor Cables Backup and Disaster Recovery Physical Security Taxes Technology Tips Chatbots Typing Employer/Employee Relationships IT Assessment Retail Cortana Google Maps Hacks Webcam Emergency Students CrashOverride Printers IT Consultant Error Web Server Regulation Cameras Motion Sickness CCTV Administrator Hard Disk Drive Relocation