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Back to school for businesses
5 September 2023

September marks the start of a new school year. Children are returning to class, learning new skills, and taking advantage of new opportunities. As a business owner, you may think your school days are over, however, there’s plenty for you to learn from the back-to-school season.

 

Here are some ideas that will help put you on the right track:

 

Set new goals

 

The start of a new school year is inspiring and the perfect time to set new goals and take advantage of timely opportunities to grow your business. It’s a great time to assess your current business goals, adjust your expectations and make new ones. Goals are important and integral to the growth of any business.

 

Make new friends

 

The start of a new school year is the perfect opportunity to start a new club and meet new people. Or, if you are just starting school, this can mean making new friends. Making friends and meeting new people in business is just as important and can make a real difference so we recommend actively networking.

 

Why not book yourself in for a business networking event or workshop? Business networking is not just about doing business, it’s also about building a supportive network of people around you and your company. This can help to acquire important contacts and stay updated with the latest news and trends. You never know who might be able to lend a helping hand to you at some point down the road and what friends you will make along the way.

 

Be top of your class

 

Keeping an eye on the competition is another great back to school tip – if you want to be top of the class you need to know what everyone else is doing, how and why. Also providing exceptional service and going the extra mile for your clients can make all the difference in getting repeat business. Friendly, personal interactions will earn you a gold star to your clients.

 

Do your homework

 

Just like the children doing their homework, so should businesses. In business we would suggest looking at your financial options and target market as well as putting together a solid business plan. We have recently launched our ‘Your Path to Success programme’ to help businesses come up with a 3-year financial plan. We started this to show businesses that by having accurate and up to date turnover and profit figures they can project forward, set targets, plan for investment and determine breakeven points. Keep an eye out later in the month for more information regarding this.

 

New skills

 

Many students start the new school year with tests to find out what they know and, more importantly, what they don’t know. Why not try something similar in your business by using these first few days back to assess your skills and identify where you have gaps? Then make a plan to fill these gaps either by hiring, outsourcing or by getting relevant training.

 

There’s always something new to learn about how you can make your business more successful.

 

Get organised

 

Students will be starting the new school year with a clear desk and fresh exercise books. Why not spend some time tackling the admin and clearing your desk. Make sure that as well as your physical desk you also clear your virtual desktop – clean out the downloads and deleted folders and move files and documents into the right place. Being organised and prepared means you’re likely to be ready for most situations that you may face. The more prepared you are, the more likely you are to find success.

 

Be Persistent

 

Persistency is key, in school, business, and life. If you set a goal and focus on achieving it, persistency is your number one tool.

 

As you can see, there’s a lot that a business can learn from students going back to school. From setting up a routine to staying dedicated to your goals- you can truly make progress and make your business grow.

 

We hope you find these back-to-school useful and give you the motivation to start September with a fresh focus in your business. If you have any back-to-school tips we would love to know.