In these increasingly demanding economic times, what are your business goals to ensure you continue to build and maintain a stable and successful business?
By all counts, 2026 is going to be another challenging year for businesses, especially small ones. Have you set goals and planned how to accomplish any needed changes? Remember the old saw, "If you keep doing the same thing you will keep getting the same results." Or even, "If you always do what you've always done, you'll always get what you've always gotten." Don't you want more for your business?
What will you do? Here are four things you can do right now to form a plan of action.
- Formulate a Realistic Budget
- Cut Costs
- Drive Sales Volume Up
- Conserve Cash
You can read any reputable business blog, national newspaper, or business magazine to get action ideas on any of these points. But you also need boots-on-the-ground input from your inside staff and outside sales agents. Gather your people around a table, even if it is a virtual meeting, get your latest P&L statement, and start brainstorming. Designate someone to keep the minutes and a list of "action items" for follow up.
Many companies also have a weekly or bi-weekly meeting to track progress and update the list. Although this sounds simplistic, it can help by breaking up seemingly insurmountable tasks into smaller pieces.
At SignWarehouse, we have integrated open dialogue weekly department and leadership meetings to keep our focus on the future while supporting our current customers' needs. We can honestly say these meetings have opened our eyes to problem areas and helped us implement positive plans of action.
The important thing is to take action! And now is the best time to do so.
