2021 is drawing to a close, and it's time for business owners and managers of building certification companies to start planning for 2022. Now is the time to review your business year-to-date, review your goals and budgets, and develop a revised strategy for the year ahead. Here are five tips to help you prepare your business and kick-start 2022.
The first step is to examine the success of the goals you set at the beginning of FY 2021. How successful was your business in achieving these goals? Make time to review and refine your plans to ensure they are achievable by the end of this financial year.
Next, it's time to quantify revenue projections to know if they can support the remainder of the FY budgetary allocations. You may need to make fiscal adjustments if there is a variance between actual performance and financial forecasts.
It would also help if you evaluated how your employees managed their time. Was everything done on time, or were some tasks delayed? If there were delays, you might need to identify time-wasting activities and automate processes. This is where dedicated building certification software can assist. With its built-in application and inspection checklists, Visual Approvals certification software can help improve your company's productivity.
As you wind down for the year, review any outstanding projects or tasks and carry them over to 2022. Schedule some time now for the first few weeks of 2022 to complete these tasks before your clients return from their holiday leave.
Demand for your services, operational costs, and competitors' prices are constantly changing. As you prepare for 2022, re-evaluate these parameters and make any necessary pricing changes.
Although the holidays are almost upon us, business never sleeps. You may continue to receive enquiries; therefore, it's worth ensuring that your email responses and internal notifications are automated so you can reach out to these customers quickly when you resume operations in early 2022.
The end of the year is an excellent time to start scheduling your CPD activities because it's easy to forget when you're busy with the day-to-day. Review the offerings from the CPD providers in your state and set yourself a reminder to register for such activities early in 2022.
2022 will be the year when the business world expects to emerge from the COVID-19 pandemic. Building Certification companies that prepare well will expand their market share and improve sales. For more information on streamlining your business with building certification software, please contact Visual Approvals.