Get Ready--Here Comes 2005
It's that time again…time to reflect on the past year and resolve to do better in the next. If you're thinking about resolutions for your consulting business, here are a few thoughts, in no particular order, to kick-start your brain.
1. Dust off your marketing plan. Go back through your marketing plan and review what's working and what's not. Should you consider adding new services to your practice? Should you discontinue others? Is your target market right? Are your marketing tactics working? Is there something new and different about your business you'd like to highlight in the market?
2. Raise your rates? Evidence that the consulting market is picking up steam makes this a good time to consider if your rates are aligned with the market. Take a fresh look at your services and fees. You may find an opportunity to raise your fees, particularly for new clients.
3. Prune your client list. Consider which clients you'd rather refer to others this year, instead of serving them yourself. Are there client relationships that aren't working for you, either professionally or financially? Examine your existing client list and decide if you would be better off not working for any client on the list.
4. Strengthen ten relationships. With client relationships-current and past-fresh in your mind, find ways to renew and strengthen the relationships you want to keep. You're likely to end up with more business if you do.
5. Revisit your Web site. Is it time to refresh some or all of your Web site? Does your site reflect your current capabilities, differentiators and service offerings?
6. Contribute to your industry. Whether you practice in financial services or information technology, find a way to contribute some of your time and consulting expertise to solving issues your industry is facing. Make a difference.
7. Market your practice daily. Find a way to do one thing, even something small, each day to promote your practice. It will pay off.
8. Fill a gap. Is there a gap in some part of your business or consulting knowledge? Devote time to identifying an area for professional development, and then head to that conference, or read a few books. Whatever gap you spot, plan a way to fill it in the coming year.
May 2005 be your best year yet!







