Planning for Success

Business forecasting 2021: Pour the sav, activate holiday mode, and work on your business!

Are you ready for your annual Christmas holiday and some business forecasting for 2021?

It’s time to relax, unwind, and spend time AWAY from your business – especially after what 2020 threw at us.

Apart from the sav and pav – how will you spend your Christmas holiday? And if you are not taking one, I recommend that you do. (Why a holiday will save your business)

You need to take a break after the occurrences of this year. We’ve had fires (people are still living in tents), floods (farmers are still suffering the repercussions of the floods at the start of the year), and who will ever forget the worldwide COVID pandemic, and the economy now, and the high unemployment rate.

You need to be done with 2020 and rid yourself of its juju and we must all step into the new year and 2021 with a renewed confidence and passion for your business, whatever it looks like for you right now, whether you have pivoted, boomed, or started again.

So let’s do that together.

Of course, you must rest and relax during the holiday season, but there is something else you can focus on too … getting ready for a stellar 2021.

And you do this by decompressing, engaging, and forecasting.

Decompress from the year that was:

It’s important to remember and reflect on the year that was and what you achieved, however big or small that is.

Take some time to:

  • Go over your monthly management reports.
  • Look at your 90-day plans and actions from this year. What did you achieve and what‘s still on the to-do-list?
  • Look at your KPIs and how you fared.
  • Understand your financial awareness and where you are right now.
  • Look at your core values and definitions.
  • Update your business plan.
  • Add some pre-work reminders for 2021.
  • Ask your bookkeeper, accountant, or finance team any questions you have.

This is your time to get perspective on the year that has been.

Engage with family and friends:

Now, put the laptop down. Step away from your business. And close the doors to 2020 (for good!). It’s time to enjoy some “me-time” and time with loved ones, family, and friends. It’s your time to do whatever you like now – but not business-related!

{I know you are excited, but I’ll get to working on your business for 2021 in the next point!}

Right now, do all things you enjoy. Here’s a simple plan of how you might like to best use your “days off”.

  • 1 hour of exercise – you can break this up with 30 minutes in the morning and 30 minutes in the afternoon if you like.
  • 2 litres of water – guzzle the H2O!
  • 3 cups of tea – or green juice or coffee! And, yes, wine beer, and cocktails are also permitted. It is the holidays after all.
  • 4 colours on your plate – if you’ve been meaning to start eating better, do it now!
  • 5 minutes of meditation – 5 minutes if all you need.
  • 6 songs that motivate you – dance like no one is watching!
  • 7 minutes of laughter – watch a funny video or try laughing yoga (yes, there is such a thing!)
  • 8 hours of sleep – get to bed early and let your body restore itself.
  • 9 pages of a book – an easy way to learn and grow. Nine pages are nothing!
  • 10 reasons to be grateful – start practicing gratitude. You’ll be reaping the rewards before you even start in 2021.

What else can you add to this list?

Forecasting your business for 2021:

Now it’s time to recalibrate and plan out 2021. Now the fun begins. It’s time to go nuts with your dreams and goals.

Grab a pen, paper, Post-it notes, highlighters, butcher’s paper, whatever you need and let’s get started and answer these questions.

1.         What were your business goals when you started?

2.         What three things would you change?

3.         What will you do differently in 2021?

If you need to, revisit your business plan, action plans, and KPIs and get these into motion. Call on your team, start delegating, and get organised for a better year in business.

Start living with more freedom:

It’s time for you to start living your freedoms because freedom is oxygen for the soul.

  • Time freedom – spending your time however you see fit – more time with family and friends, time to travel, and time for yourself.

“Time is a currency you can only spend once.” – Harmon Okinyo

  • –       Mind freedom – working on your mindset and not letting anything hold you back, especially your mind.
  • Financial freedom – making money and spending it on what makes you happy.

Make 2021 your best year in business yet!

>>> FREE DOWNLOAD: Need help making changes in your business for 2021? 

Business success is having freedom – time, mind, and money – but getting to that point takes time and money.

Making changes in business isn’t always easy, and chances are that you’ve already made many changes this year – and there will be more to come.

If you need a place to start, our 8-step framework for business success will help you with the key areas that need your attention.

And it’s the perfect place to start while forecasting for 2021.

This free guide discusses eight foundational points for building a successful business. You’ll discover why it’s essential to have a vision for your business, the importance of planning, the power of setting goals, and more. 

Get our 8-step framework for success here

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