2025 is Right Around The Corner – Are You Ready?
2025 is just a few months away. Elections, recessions, inflation, interest rate uncertainty, tax rates and so on are all “top of mind” items in the media. How will these things impact your organization? What are you doing to wrap up 2024? What are your plans for 2025? If you are not thinking about it, I bet your competitors are. Below are some questions that you may want to ponder:
- How would I summarize 2024 so far?
- How would my staff summarize 2024 so far?
- How would my customers summarize 2024 so far?
- Have I met my personal 2024 goals? If not, what do I need to do?
- Has the company met its 2024 goals? If not, what does it need to do?
- For goals that won’t be met, should I have them in place for 2025?
While this list is not extensive, I think if you honestly review these questions, you will find some areas for growth moving into 2025. In case you want to learn more about budget or strategic planning, check out some of the articles below:
- 3 Ways Leaders Drive Success Through Strategic Planning (forbes.com)
- Why Having a Strategic Plan for Your Business Is Essential | Entrepreneur
- What Is Business Strategy & Why Is It Important? (hbs.edu)
I will leave you with this quote from Yogi Berra:
“If you don’t know where you are going, you might wind up someplace else.”
Other Items of Interest
As always, please don’t hesitate to email myself (jsanders@mpl-law.com), Andy Miller (amiller@mpl-law.com), Christian Miller (cmiller@mpl-law.com), Erik Spurlin (espurlin@mpl-law.com), Brad Leber (bleber@mpl-law.com) or anyone in our office with questions or comments.
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