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Business Planning Process Planning & Strategy

It’s the Most Wonderful Time of the Year… Can Your Business Still Thrive?

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We are rapidly approaching a busy season on a more personal level.

Christmas

Holiday festivities will be in full swing, the Christmas shopping will be done, and the decorations will be out in full force. As a business owner, this can also be an extremely busy period as you take advantage of boosted sales and revenue. So your business should be thriving at this time of year.

There are, however, aspects of the day-to-day running of your business that you may need to improve upon to help you deal with the demand. With that in mind, here are some of the things that you can consider.

The Security Side of Things

One of the first things that you may need to think about would be the security element of your business. At this time of year, burglaries and break ins are far more common, not just in the home but also in businesses where opportunists think there is more chance to grab things and less security because of the time of year. It may just be that you decide to upgrade an alarm system or install new security cameras, or perhaps add a security guard in for a warehouse or generally just up the security overall. It can be a worthwhile investment.

Delivery Options – and Making Things Simple

The next thing to think about would be the delivery and logistics side of things and also the storage. It might be that you have ordered more stock in to keep up with demand at this busy period, which can often mean that storage becomes a priority. Making things simple with some pallet racking can help you to keep things organized and easy to access. You may also want to take into account delayed delivery as postal services and courier companies are also in demand at this time of year.

Events and Sales to Make the Most of This Special Time of Year

Of course, you want to maximize the potential when it comes to this time of year so what better way to do it than through a cheeky sale? There is black Friday and cyber Monday to consider, but also Christmas sales in general can be hugely popular. It could be the ideal way for you to make the most of this time of year and ensure that you maximize the time of year to boost those sales to send your business into the new year on a high.

A cut off point so you don’t disappoint

It is always a good idea at this time of year to have a cut-off point. This will solely depend on what your business is and how you can logistically provide a delivery in time for Christmas. Many businesses will have a date that last orders need to be in by to guarantee delivery by Christmas. This will help you to avoid any disappointment with customers for not receiving things on time, especially if they were gifts.

Let’s hope these tips help you and your business to thrive during the festive season.

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