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It’s 2006, Now What?
New Year Greetings
I would like to thank my clients, colleagues and Growing Possibilities readers for a wonderful year in 2005. A generous donation has been made to Project Bread in gratitude for your support and business. If you would like to make a donation, you can do so on at this Web address. Best wishes for a year of health and happiness for you personally and for a year of innovation, success and prosperity for your business.
OK, the New Year is here.
It’s officially 2006, so what are you going to do about it? What does it mean to you? Is it the same old same old or is it going to be different? In business, we usually don’t think of New Year’s resolutions. Resolutions are more personal thoughts of how to improve in the year ahead. But it is just as important to reflect and plan for a business.
One of the greatest dangers in business is becoming stagnant. The economy, buying habits and consumer needs are changing. People bought more gift cards and fewer actual gifts this year. The housing market is soft and interest rates are rising. Business-to-business sales are stronger though purchasing is still done cautiously. New trends and technologies are available which could significantly affect how you do business.
Do you know what changes are taking place in your industry? How are you going to respond? You can do nothing and stay at the status quo. If you do not adjust, your business will suffer. Or you can be proactive and transform to what competitors, customers and the economy are indicating; the sooner the better.
Here are some things to think about adapting and adjusting for the year ahead:
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