Five Ways to Welcome in a New Year: 2023

Dec 29, 2022 | Business Tips

A new year is a perfect time for a fresh start for you and your business. Here are five ways to welcome 2023 and make it your best year ever.

  1. Decide on a theme for 2023

Setting a theme for the year can help you remember what you want to focus on. Some examples of themes might be:

  • Growth and improvements to your business. You can be specific, such as making your theme the year of mastering technology, the year of profitability where you focus on cutting costs or increasing sales, or the year of diversity where you focus on creating a diverse team.
  • Downsizing, cleansing or simplifying. Perhaps your business has grown so quickly that you need to sit back, de-clutter, re-design, or simply clean your office.
  • Is it time to launch a new service?
  • Giving back. If everything is humming along, it could be time to start giving back to your profession or community.

From here, you can create a plan of tasks and timelines that are aligned with the theme you’ve chosen.

  1. Go on a retreat

If you need to regroup and rejuvenate from a stressful holiday season, then a retreat can do the trick. A retreat is a time to set goals for your business and make a plan. You could discover that you are on track or that you need a course correction in your business.

A retreat can be made alone or with certain team members. Typically, the events of a retreat include a combination of planning and brainstorming sessions, education, team-building, and social activities.

If a retreat sounds like too much work, then a quick vacation might be in order, just so you can enter the new year with a relaxed mind.

  1. Learn from 2022

If 2022 was a bumpy time for your business, it might be a good idea to perform a detailed review. This will help you learn what went wrong and explore why. You can then brainstorm ideas on how to avoid the pitfalls of 2022 as you move into 2023. You can make it as informal as you want, or structured as an after-action review.

  1. Select a word for 2023

If setting a theme is too complicated, how about selecting one simple word for 2023? Here are some ideas:

  • Abundance (think big, go after large contracts and big projects)
  • Creativity
  • Powerful relationships (OK, that’s two words!)
  • Gratitude
  • Service
  • Humility
  • Forgiveness (especially good if you are in customer service or have difficult clients)
  • Fun
  • Helpful
  • Prosperity

I’m sure you can think of one that will be perfect for you. Once you do, write the word on several sticky notes and paste it everywhere you work and maybe even at home. Your postings will serve as a reminder of what your intention is throughout 2023.

  1. Make a profit plan (AKA budget)

Making a profit plan for the new year will help you hone in on the profit amounts that you want to achieve. Understanding how much volume you need to reach and what you can spend will avoid surprises at year-end. At mid-year, it’s a good idea to see if you are on track for the rest of the year.

Whether you do one or all of the ideas above, we hope you have an awesome 2023 and that it’s your best year ever.

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MKBA, Inc serves clients in Thousand Oaks, Simi Valley, Moorpark, Agoura Hills, and Ventura County, CA

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Bernadette Amos, CEO

As a CPA, I understand that managing the financial aspects of a business can be overwhelming. There are so many different factors to consider, from tracking expenses and revenues to preparing financial statements and tax returns. It can be hard to keep up with everything, especially if you don’t have a background in accounting or finance.

If you’re feeling overwhelmed by the financial aspects of your business, I encourage you to reach out and schedule a discovery call. Together, we can find solutions to lower your stress, avoid any issues with IRS and help you enjoy your business again.