New Year, New Business Goals

New Year, New Business Goals

 

New years resolutions aren’t just for yourself but for your business too. Studies show that on average 80% of new year’s resolutions fail by the second week of February. That’s a whole year’s goal completely evaporated in just 6 weeks of the new year, pretty astounding right? This is often down to resisting change due to not being in the right mindset, as well as not having an actual plan, rendering your ‘goal’ as simply a wish.

 

Check out these 4 tips that can help you avoid the failed resolution trap in 2021:

  1. Dream big but start small – Small repeated actions lead to habits being formed, which allow you to keep ploughing forward even on the tough days. Remember this is your new year, Rome wasn’t built in a day and neither should this. Start day 1 with such a small simple goal that it is practically impossible to fail. If your goal is to do 100 push-ups daily, start with 1 push up. If your goal is to free up 1 hour each day start with 1 minute. It may sound pointless but these small wins are exactly the start you need to build up momentum and begin a habit.

 

  1. Specify your action – Articulate the action you will take in pursuit of your goal. If you want one new client per week, what is the underlying action you are going to take to generate and then convert leads. Is it getting feedback from X amount of customers, setting up X number of collaboration meetings or something else. Saying I want one new client per week isn’t going to get you very far without the action behind it.

 

  1. Embrace being scared – Good goals and targets are meant to push you outside your comfort zone. It is scary and can be a tad overwhelming but providing you have broken your goal down into small manageable milestones, all of a sudden you feel much more in control. Trust us on this one, we have seen thousands of businesses owners ‘embrace the fear’ over the years, and tackle it head on. As time passed, they stated it was a key turning point in their success.

 

  1. Encourage accountability – Who will monitor whether you reach your goal? Who will check in on you and keep you on track? Who have you actually made aware of the goal? Telling someone else and creating an accountability partner is proven to improve your chances of success.

 

As well as enjoying a well-earned rest over Christmas, we recommend all business owners spend a portion of time taking a strategic view of their business and set meaningful goals for the upcoming year. State the actions to take and decisions to make by specific dates throughout the year. This way you will hit the ground running (providing you stick to your actions and truly commit) and start 2021 with a bang.

 

We specialise in business coaching, support and forward planning, within our strategic consultancy department. Use this link HERE to find out more about their services. January is a time when many business owners look to utilise external support to better position yourself for the year ahead, so contact us today for a free no obligation consultation and see how we can work with you to help you take that next step towards your dreams – 02085300720 or email businessdevelopment@nordens.co.uk

 

 

 
Beyond Accountancy

At Nordens, we're more than just accountants - we're business experts who can help you achieve your biggest goals.

Nordens Strategic

Our specialist strategic division at Nordens boasts some of the leading entrepreneurial business minds in the country. We cater towards delivering consistent success stories, whilst helping businesses achieve above and beyond their initial goals.

Through highly-tailored guidance, coaching and advice, Nordens Strategic are able to define exactly how your business can reach new levels of success.

Regardless of how you define ‘success’ for your business, our strategic service is guaranteed to bring about real and lasting change. By partnering with some of the UK’s top business coaches, we’ll steer you along the path to a greater future.

Accounting 2 You

Every business, no matter how big or small, needs to make the right decisions, and how to best manage your accounts can put huge question marks over your business. Accounting2You is here to take that pressure off and provide you with all the answers you need.

Our bookkeeping branch offers a fully inclusive, comprehensive service that you can trust. Since 2005, our specialist bookkeepers have been successfully managing the accounting of both individuals and small businesses.

With experts in payroll analysis, credit control and financial recording, Accounting2You will lead your business efficiently, and with real purpose, towards a prosperous future.

Voted as EXCELLENT - 9.9 out of 10 based on 167 reviews

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Chris Dyer

Director - Metro Bank

Nordens are always very easy to deal with and extremely professional and efficient. I would have no hesitation in recommending them to my clients for their accountancy needs, no matter how complex they may be.

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Co-Founder - Chicmi Limited

Very good to work with - the team go above and beyond to make the accounts easy and efficient. They're all super friendly and a joy to work with.

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Director - Rose Opticians

I have been using Nordens Chartered Accountants for 5 years and very happy with the service provided. All members of the team are very knowledgeable and have a wealth of experience which has proved very beneficial to my organisation

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Founder & Director - Physio LDN

Very easy to contact and put me in touch with the right person whenever I need to ask any questions. Extremely knowledgeable and can help me manage my various businesses whenever I need.

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Principal - Pauline Quirke Academy

Great accountants, always available to offer advice. The team have transformed my business.

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Christopher Wilce

Founder - Dataphone

Having worked with Nordens over the last 5 years, not only to look after my annual accounts but they have also provided outstanding professional advice. They have guided me through a Company share buyback with clear and objective advice. We have also been using Nordens strategic services for a couple of years, which has helped bring about significant improvements that exceeded my expectations. With experience of working with several local accountants over my 29 years in business, I’m very pleased with the service I have received from Nordens.

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Dave Hodges

Director - Linekers

Trusted our business with Nordens for over 10 years now and watched the company grow into the successful innovative business it has become today. Deservedly so. Every aspect of financial advice we need is always given promptly and with a smile. We have total confidence in all aspects of advice Nordens give. If you are looking for accountants, its a no brainer!

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Tony Charles

Founder - Foundation Sports Limited

A fantastic, modern, vibrant firm that care about the clients and their staff in abundance. It is rare to find an Accountancy firm with such vibrance and focus and relationships. It is no wonder they win award after award in their field.

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Managing Director - Prime Time Boilers

I have been with Nordens for many years now and they are a great accountants.

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Founder - Vivid Finishes

We have used Nordens for the last 5 years and have had a great service throughout. The guys are very passionate about what they do and have played a part in the growth of our company, highly recommended.

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Managing Director - AMD Interior Architecture

Great Service at Nordens from a friendly very approachable team Particularly Kirsty Willis and Joe Sword who have been helping us since we started the business in 2016.

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Nordens provide a first class service. We moved to Nordens last year and have been impressed with the level of service provided. Keep up the good work!

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  Why I Founded Nordens
Accounting 2 You

In November 2002, having sold our other business interests off earlier in the year, I decided to set up Nordens Chartered Accountants. The easy part was knowing how to do it, as I had established and built a smaller practice a few years earlier. The difficult part, for me, was not following the traditional accountancy path. Having run businesses, both successfully and unsuccessfully, I wanted to help business owners resolve their short term problems and work with them to achieve their longer term goals. Business has always been my interest and I love that I can help business owners achieve what seems like the impossible every single working day.

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Mark Norden
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Our limited company accountants have a range of qualifications from The Institute Of Chartered Accountants (ICAEW) to the Association of Chartered Certified Accountants (ACCA). We worry about the bye-laws, regulations and ethical guidelines of the ACCA so you don’t have to! That makes us an ACCA-accredited employer as well as a Professional Passport-accredited one!