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10 Things To Do When Business Slows Down Over The Holidays
I’m sure you’ve seen it happen every year: your business slows down during predictable times, like the summer vacation months or year-end holidays. For the self-employed who rely upon steady cash flow, this can be a disconcerting time. Should you just take a vacation until things naturally pick up again? Or should you try to find the needle-in-the-haystack business that might be out there during slow times?
This year, vow to be different! Instead of languishing in no-business-never-land, get off your butt and do something to build the foundation of your business so that natural business cycles don’t affect you too deeply:
- Clean your office. Go through all the piles of papers and magazines that have been sitting around and get rid of them once and for all. Remember the office organizing mantra: do it, ditch it or delegate it. File all your papers, dust and vacuum your office. Reorganize your desk and your office so that you can find everything you need in 60 seconds or less.
- Take a mini-vacation from work. Walk away from your office and enjoy a day or two of renewal and relaxation. Go to a day spa. Take a weekend retreat. Go for a walk in the local park. Breathe.
- Get ready for tax season. If your business slows down during December, no worries! Use that time to prepare your tax files so that you can whiz through tax season (it’s coming sooner than you expect!). Tally business-related mileage for year. Estimate your last tax payment for the current year (many self-employed people make quarterly estimated tax payments; the final payment is usually due on January 15). Send your final invoices for the current year.
- If the slow time falls around the holidays, use them to your advantage. Get into the holiday spirit with your clients by mailing holiday cards and gifts to them. Make specially-discounted holiday offers to clients/customers. Offer them gift certificates that they can give to their family and friends for your services and products.
- Do your accounting. Enter all revenue and expenses into your recordkeeping system. Balance your checkbook.
- Become goal-oriented. Take this down-time to look at your current goals, to see how you’re doing
so far and to write some new goals for the next 12 months. Create an updated marketing plan and budget. Make sure your budget includes a cash reserve to cover you during slow business times. Even if this business slow time falls mid-year, you can still spend time planning for the next 12-24 months.
- Go back to school. List the topics you’d like to study, the classes you’d like to take, or the books you’d like to read, to keep you up-to-date with your industry and business skills. Use your quiet business times to read, study and add to your intelligence pool.
- Get some personal chores done. Slow business times are ideal to schedule your annual dental and eye exams. It’s also a great time to clean out the attic, garage or basement. Remember, a strong personal foundation helps to propel your business forward.
- Go shopping. No, not for personal items (though that’s always fun!), but for business items. Have you been putting off buying a new PC? Now’s the time to research what’s out there and determine your next computer purchase. Is your office chair uncomfortable? Spend some time at office furniture stores “butt-testing” for a quality office chair that will support you properly. Stock up your office supplies. Buy some music CDs to play in your office to inspire you.
- Spend time with family and friends. When business is busy, it’s easy to sequester yourself away to get all that work done. Now that business is slow, come out of your cocoon and visit with family and friends. They’ve been wondering where you’ve disappeared to!
As you can see, slow business times can be used productively to prepare you for the next burst of business coming your way. Renew your business, your office, your Self, and create a firm foundation for the busy business days ahead! Always ask yourself, “How can I use these days wisely?”
Karyn Greenstreet is a Self Employment expert and small business coach. She shares tips, techniques and strategies with self-employed people to boost clarity and focus, create sustainable motivation, and increase sales and profits. Visit her website at www.PassionForBusiness.com.
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Online Organizing.com |
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Our guide to the simple life, where everything has its place. |
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Home Organizing Tips - Bathroom, Bedroom & Garage Organizing ... |
Learn about home organizing tips for bathroom, bedroom, and garages from Home & Garden Television. |
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Christmas Organizing | Creating J.O.Y. for Christmas |
Offers a community of resources and support to help people get organized for Christmas throughout the entire year by creating and organizing a Christmas ... |
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Organizing - HUD |
Organizing. [Vea la versión en español de esta página] · [Display the text version of this page] ... Organizing · Economic development. Working with HUD ... |
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Get Organized - Organizing Tips and Ideas to help you get ... |
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Management Function of Organizing: Overview of Methods |
Organizing can be viewed as the activities to collect and configure resources in ... The following are some of the major types of organizing required in a ... |
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Organizing - Wikipedia, the free encyclopedia |
In that sense, organizing can also be defined as the act to place different ... Organizing, in companies point of view, is the management function that ... |
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Amazon.com: Organizing from the Inside Out: Books: Julie Morgenstern |
Amazon.com: Organizing from the Inside Out: Books: Julie Morgenstern by Julie Morgenstern. |
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Organized-Living.com - Get organized, Professional Organizer tips ... |
Articles and tips to help individuals organize their home or work life better. |
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How to organize your home and office, organizing tips, articles on ... |
LifeOrganizers.com is a rich resource of office and home organizing articles, tips, and fresh, easy ideas on how to get rid of clutter from every part of ... |
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The Virginia Organizing Project |
VOP, racism, social justice, community organizing, leadership development, living wage, grassroots organizing, sexual orientation . |
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Center for Third World Organizing |
A training and resource center dedicated to building a social justice movement led by people of color. |
www.ctwo.org |
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Welfare Rights Organizing Coalition |
WROC of Olympia, Washington, organizes groups of women and men who are current or former TANF recipients to watch how welfare and family policy is ... |
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Self-Organizing Systems FAQ for Usenet newsgroup comp.theory.self ... |
Frequently Asked Questions about self-organized systems. |
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Beyond Bookmarks: Schemes for Organizing the Web |
Beyond Bookmarks: Schemes for Organizing the Web is a clearinghouse of World Wide Web sites that have applied or adopted standard classification schemes or ... |
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Organizing Institute |
Program by the AFL-CIO to train union organizers and put them in the field. |
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SouthWest Organizing Project |
A statewide multi-racial, multi-issue, community based membership organization. Includes information on history, campaigns, and volunteer opportunities. |
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Farm Labor Organizing Committee |
The historic contract in North Carolina opens up a new chapter in the FLOC struggle for justice and ushers in a new era in farmworker organizing. ... |
www.floc.com |
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