Strategies

Strategies for Managing Directors

Pre-Christmas - The Best Learning Period About Business Kim Radok December, 2015

Here we are, with Christmas just a few weeks away. Depending on your point of view, December is either known as "the silly season", "the season of good cheer and goodwill to all people", "the season of loneliness", or "the season of fraud". 

We also know that many people will be exhausted by another year of hard work and trying to keep their business alive. It is only a natural reaction when you anticipate getting away from the business for break and having good times with family and friends. The few days away from work to unwind and get your breath for the new year ahead are essential.

Unfortunately, some of you will be doing extra work to get those sales out and the cash in. After all, a cashless Christmas is pretty hard to take.

Despite everything going around you at this time of year, business people can rarely take it too easy. Whilst you may be away from the workplace, if you had a cash poor Christmas, this situation will be weighing down on your mind throughout the break.

I would like to now introduce you to another thought, which is; December and the pre-Christmas period is also "... the season of learning." You can learn so much about the business world in this one month, probably more than in any other one month of the year. For instance, you will see all the good in people and at the same time, all the bad in people. The games that some people will play to get hold of your goods and service and /or not pay for them within terms, is outstanding.

If you are able to record what has happened in each December, then you can review this information in the following year and prepare for the following December. It is often too late to do anything substantial to change or improve your business this December because of work and time commitments. However, if you have retained what you did and said, and how you felt (this is equally an important factor), this information is the basis to make changes when you return to work in the new year

A cash poor Christmas is no fun. If this Christmas turns out not as pleasant as anticipated, take what you learnt this December and apply it next year. If you act on what you learnt, there is every chance you will have a much better Christmas next year.

Would you like to know more? You are welcome to contact Kim at kim@creditmatters.com.au  Let us work together to resolve your issues for a better Christmas in the future.

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