Post-mortem of our business in 2023 and identify the strongest values that should be focused on in the next plan.
Take time to think back on our business journey in 2023.
Start by asking yourself, “What have we achieved successfully?” and “What have we failed to achieve?”
Look back at the goals we set for 2023.
How much did we achieve?
If you achieve it, that's great!
But if there is something that is not achieved, don't stress too much, don't give up!
We need to know what can be improved next time.
Look at our sales and revenue.
What are the best selling products?
Is there a specific pattern?
If there is a product that is slow, maybe we need to think about how to boost its sales.
Try to find the reason why a product is a best-seller, then duplicate that strategy for other products.
We need to check our marketing strategies again.
What works? What doesn't?
If there is a campaign that can make our business go viral and explode, maybe we can duplicate it again.
But if you don't generate sales, you have to change to another strategy.
Maybe you need to change your targeting audience again .
Apart from the sales aspect, you also have to look at business operations.
Are there any bottlenecks in the process?
Maybe there are areas that we can automate to save time and costs.
Also check the supply chain - if there is a problem with the supplier, you may need to re-evaluate the business relationship.
Need to check the financial health of the business.
Are we still within budget?
Do you have any debts? If so, you may need luxembourg phone data to rearrange your payment plan.
If there is a team, you also have to evaluate each person's performance.
What have they contributed?
Are there gaps in their skill sets?
If there is, maybe we need to invest in training.
The reason is, a strong team helps the business to continue to progress.
After analyzing everything, we have to set new goals based on the data we have.
What milestone do you want to achieve this year?
How many percent do you want to improve sales?
Which other target market do you want?
All of this needs to be planned.
Post mortem business 2023
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zihadhasan010
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