If you haven't already started preparing for the new year, don't worry, we're here to get the ball rolling. Here are five ways to start your business strong in 2024 and set up the rest of the year for success!
1. Kick-start healthy habits
While there are many things that can be done directly related to your business, keep in mind that the success of your business starts with you.
You are your most productive, not when you’re in a panic and mind is in a jumbled mess, but the complete opposite. Whether it’s by waking up a few minutes earlier to meditate, or setting aside 15 minutes in the middle of the day to take a short walk, start incorporating healthy habits into your day to clear your mind and develop a proper mindset for success.
2. Reward your top clients
As a business owner, you’ll know that most customers come and go. There are, however, the few who are loyal till the end. These are the clients that matter to your business and deserve to know that they are valued.
Kick-start the momentum heading into 2024 by creating a list of your top clients, getting in touch with them, and rewarding them in some way for their patronage. By doing this, you can continue building your relationship with them and encourage them to stick around in the coming year(s).
3. Review your performance metrics
Take the time now to review your measurables. Map out these measurables and evaluate what activities have brought the best returns for your business.
Once you have identified the top activities moving forward, your focus should be on them and making slight adjustments along the way to refine them. Identifying this in advance means you’ll be ready to speed up the growth of your 2024 pipeline!
4. Level up the team, level up the business
People tend to overlook the importance of investing in the professional growth of their team, but training and development programmes can offer several potential advantages for small businesses. One important factor is to address any concerns or challenges affecting team members' job satisfaction. Regular check-ins with team members to assess and provide constructive feedback can help individuals grow and, in turn, help your business to grow.
With so many fitness and wellness practitioners and businesses in the market, if you put aside a budget to allow yourself or your employees to advance themselves continuously, it also allows you to have a greater competitive edge against your competitors.
5. Set concrete goals
Setting goals for yourself and your business is a way to stay focused and driven on your journey towards success. Business goals are also important because they give you a sense of purpose and achievement when you complete your goals. A business largely consists of a team. Developing a strategic plan for team growth tends to be the way forward. Align team goals with the overall objectives of the organisation.
When writing out your goals, you should ensure that you’re being realistic and write out the smaller, more achievable goals in addition to the bigger, broader ones. Including these easier tasks will help you build the confidence and momentum to tackle the bigger goals as you progress through the year.
Core Collective wishes everyone a Happy New Year!
Core Collective is building centres of excellence where the top fitness and wellness professionals collaborate to deliver better service and results for our customers, all under one roof. We help fitness and wellness professionals and businesses grow by providing best-in-class support services and facilities, and by fostering collaboration and professional development opportunities.
If you’re a fitness or wellness professional or business owner looking for a space to conduct, relocate, or expand your business, come take a tour of our space. If you're a wellness professional and would like to book a tour please click here. For personal trainers, click here.