7 QUESTIONS FOR BUSINESS OWNERS TO REFLECT ON BEFORE THE END OF 2022

At the begining of each year, every business owner starts with a new and fresh mindset hoping to make a bigger impact in the business than the previous year(s). However, it turns that, most business owners have less time to reflect on what worked and what did not work well in their businesses. Challenges in the business environment leading to lower performance could be high competition, declining demand, new technology, losing customers, inflation, rising costs of operation, declining profits, staff turn-over, etc. With this, business owners and entrepreneurs need to reflect on their plan and goals.

The following QUESTIONS will motivate you to recharge yourself and take a mental leap for more success in your business for the year 2023:

  1. What plans and goals did you set for 2022?
  2. Did you write down your plans and goals?
  3. What have you achieved / expect to acheieve before the end of 2022?
  4. What worked well in 2022 for your business?
  5. What did not work well in your business in 2022?
  6. Have you PLANNED FOR 2023?
  7. What areas of improvements will you focus on to ensure that your Plans and Goals for 2023 will be a success?

If you have anything you would like to share with us, please share in the comments section below. I wish you a nice preparation for an impactful take-off in 2023.

This is very helpful

Like
Reply
Adv. Dominic Ndunguru

LLM Laws & Corporate Governance

2y

Very powerful!!

Like
Reply

Thank you for this article especially the questions to which you have suggested for each business owner to reflect on.

Like
Reply

To view or add a comment, sign in

Insights from the community

Others also viewed

Explore topics