5 Small Biz Resolutions for 2016

The start of a new year is always an opportunity for small business owners to refocus on improving their business!  What's on your new year's resolutions list? Here are five ideas to help you brainstorm and this month's Education Calendar is filled with educational events to help you address your goals and resolutions.
  1. Take Time to Plan
Whether you're a new or experienced business, starting a business plan or revisiting your old one can help get you back on track.  Need help writing a business plan? Use SBA's step-by-step Business Plan Tool to draft up a plan and take it to an SBA resource partner for advice and counseling!
  1. Take Care of My Employees
Have you considered your employee's needs and benefits for the new year?  Offering retirement savings or healthcare options can be a way to help your employees in the new year!  For example, have you heard about the U.S. Department of the Treasury’s myRA program? It's an easy way for employers to offer a retirement plan at no cost or administrative hassles for the business owner. There will be an informational webinar that outlines the free resources available.  How about sick leave time laws? There's also a workshop coming up about staying compliant with sick leave.
  1. Grow My Business
Do you have a strategy to improve your bottom line and manage your cash flow?  Ever thought about exploring the possibilities of making the government your customer to grow your business?  Every month, SBA Massachusetts has two government contracting information sessions: "Opening Doors" and "8A Business Development".
  1. Housekeeping For My Business
Do you get caught up with so much work, that you fail to accomplish things you have been meaning to do?  For example, business owners often hire a CPA to do their accounting without learning the basics of bookkeeping.  Not fully understanding how to read your books can cause problems down the road.  Learning the basics of accounting will help you to at least have a shared understanding of terms and concepts of business financials if you don't already have that knowledge.  There will be a workshop "Accounting for Non-Accountants" in Worcester on this topic later in the month.
  1. Use Technology to Work Smarter
Want to receive payments at point of sale?  There's an app for that!  Save time and money by learning about all the new technologies that small businesses are using to work smarter. There will be a workshop at CWE Boston later this month on this topic.  How about social media? Do you have a plan?  SCORE Boston is having a workshop at the Newton Library all about Social Media Marketing. Education Calendar - January 2016 Attend educational events that are happening throughout the state hosted by Small Business Administration (SBA) in your State and SCORE’s network of partners and friends. Brought to you by WHYTE-HALL COMMUNICATIONS, LLC