2020 was quite the year for business owners all over the world. No matter how prepared you thought you were, chances are, the COVID-19 pandemic was likely to have been a huge shock to the system. If you made it through and your business is still standing, then congratulations! Many companies were forced to throw in the towel last year, so you’re already starting off on a better foot than others.
Now that we’re one third of our way into 2021 and the pandemic is finally beginning to ease, you’re probably looking for ways that you can make some positive changes to your business this year. If you’re struggling for ideas, here are 3 changes to make to your business in 2021.
A new place of work
Since lockdown first began, many businesses had to adapt to working from home, and even now that restrictions are beginning to lift, you might find that you prefer this new way of working. Managing your staff from home probably seemed pretty scary at first, since you’re relying on people to commit to their work in the same way that they would in the office. But now that your staff have proved themselves trustworthy, do they really need to go back to the office?
Some businesses are switching to purely work from home, while others are staggering days at the office with days at home. By doing so, you can save thousands of pounds that would be going towards office equipment, electricity and rent.
After the pandemic swept everybody off their feet, you might have realised that you need to be better prepared for the unexpected in the future. Now has never been a better time to create a strict budget and begin to really take care of your finances.
If you think you could improve on your money management but you don’t know where to begin, then why not consider hiring an accountant? N-Accounting in Milton Keynes offer small business accounting services including year-end accounts, tax returns, tax planning, and bookkeeping services. Their experienced accountants will offer expert advice and help you effectively plan your finances going forward.
In the last few years, businesses have begun to focus a lot more on sustainability and efficiency, so now has never been a better time to focus on becoming more of an eco-friendly business. If you still have an office building, then make sure you’re doing your bit to save electricity, by using LED lightbulbs and switching off all electrical appliances when they’re not in use.
If you’re in charge of the factory where your products are manufactured, then you could also take some steps to make sure that the manufacturing process is as eco-friendly as possible.
Many people are now much more keen to purchase environmentally friendly products with recyclable packaging, so making the switch can benefit your business immensely. Not only could this boost your sales, but you will also feel proud that you’re doing your bit for the environment.