Episode 183 - Monthly Business To-Dos

Custom Apparel Startups

One of the biggest challenges for businesses is keeping up with all of the 'tasks' that can bog you down. These things may seem redundant or not as important as your daily duties, but avoiding them will absolutely cause trouble.

Review pricing

• Is everything still available?
• has pricing gone up?
• SHOULD pricing have gone up?
• Is there an opportunity for a SALE or Discount?

Marketing check-in

• Promotions for next month or the NEXT month?
• Does your phone number work?
• Does your contact form work?
• New/replace products?
• Planning for events
• Website updates and changes
• Check your voice mail message
• Social media review (links in profiles, contact info, posts)

Financial Review

• Look back at the prior month
• Revenues Profits Expenses
• Lessons and changes
• Invoices and bills
• Taxes
• Fees/Dues

Sales Review

• How many new customers
• Lost customers
• Best sale of the month / worst sale of the month
• Most profitable orders

Legal Stuff

• Tax filings
• Certificates
• Licenses
• Order legal language
• HOA?

Clean Up!

• Make sure your work area is clean and safe
• Check your computer - are all the files in the right place?
• Gut check - how do YOU think you're doing? How are you feeling about the business?

The purpose of a monthly check-in is not always because you didn't properly adjust prices or didn't pay bills. It's so much more than that. It is creating a consistent habit of checking very important things often. It is also about making sure you didn't forget details. Lastly, as you do this you will recognize patterns or oddities, which will help you catch something before it's a problem (or catch something while there is opportunity!)