New Year Resolutions For Your Business

Richard Morris, CEO at Evans Easyspace

The beginning of a new year typically brings a flurry of optimism with it.  Many of us, committed to changing our lives for the better, will have resolved to get back into shape, spend more quality time with family, or become more adept at managing our finances.  But how often do we do the same for our working lives?

As 2016 begins, consider following these business New Year Resolutions which could help to maximise results for your company in the year ahead.

Make the most of your budget

Does the rent your company pays on commercial real estate make up an untenable percentage of its outgoings? How do surfeit meeting rooms, or the office’s prime, city centre location affect the cost? Headcount also comes into the office cost equation – does every employee need a fixed desk? Research we commissioned showed that 55% of desks are empty at any one time, indicating that many firms are wasting money on unnecessary office space.  Consider using flexible workspace to save money- this could help your business gain maximum advantage from existing assets, freeing up capital to reinvest in other ways and giving it a better chance of growth.

Embrace flexible working practices

The New Year marks the perfect time to shed out-dated ideas about fixed location working.  Many people have access to the tools and technology that will allow them to work from anywhere these days, so why not give your staff a choice in where and how they work?   Our research has shown that allowing staff to work from a location that suits them improves productivity, allowing them to avoid the energy-sapping daily commute.

Giving staff flexible working options also shows that you trust them, and by improving their work/life balance will make them more likely to stay with your organisation for longer. Make 2016 the year that your company embraces flexible working – it may well be the making of your business over the next 12 months.

Extend your reach to new customers

The beginning of a New Year is a great time for businesses to seize opportunities in other markets but companies can be wary of taking the plunge. Consider ways of achieving your goal without stretching your budget. To reach new customers, do you need to physically be in their city or country? Investigate call forwarding and mail services that allow you to dip your toes in other markets – including international ones – without spending a fortune.