With the arrival of the new year and decade, it is a good chance for business owners to look to the year ahead and think about ways in which they can make this the best year on record for their company. It is an opportunity to make plans for the next 12 months and beyond, which will help your company to achieve its goals and reach the next level, but how can you go about doing this? There are a few helpful tips that should help a company to enjoy great success in 2020 and compete at a higher level.
1. Embrace Automation
One of the best technological innovations in recent times has been automation which can now be used in all industries. Automating parts of your business can help to reduce costs, improve efficiency, reduce errors and free up time for your staff. Automation will play a huge role in business this decade, so it is a smart move to get started early.
2. Encourage Remote Working
Another huge trend that will continue in the coming years is remote working. This can actually benefit both the business and the employee, so it is certainly an area that is worth introducing if you have not already. Additionally, you could look to outsource aspects of the operation to remote workers and this allows you to connect with specialists no matter where they are working from.
3. Boost Cybersecurity
Cybercrime is a huge problem that affects businesses in all industries and this will only continue in 2020 and beyond. There are new threats that are always being developed, which is why you need to have the best and latest cybersecurity protection in place as well as create a cybersecurity policy for your staff to keep them, the business and your customers safe from digital threats.
4. Be Aware Of IR35 Changes
It is vital that a business stays current when it comes to changes in legislation, and in April 2020, there will be new IR35 rules in a bid to crackdown on tax and NI contribution avoidance. Legislation can be a complex yet vital area so it is helpful to use the services of an experienced HR agency that can make IR35 clearer and help you to stay compliant.
5. Be Sustainable
All businesses need to look at their business operation and find ways to be more sustainable and environmentally-friendly. This is a major global issue, so it is important from an environmental standpoint, but it can also be helpful for improving your brand reputation because consumers are becoming increasingly selective and conscious when it comes to sustainable and green businesses. You might find that it can also help to reduce your operating costs too.
If you want to make 2020 the best year yet and get the new decade off to a strong start then keep these tips in mind. Now is the perfect chance to look ahead and to take positive action, which will help you to succeed in 2020 and over the coming years.
Add Comment