PDT #132 -- Ring in the New Year Right

Your December To-Do List                                         December 3, 2008

 

Private Duty Today

Jason Tweed, editor of Private Duty Today 

Welcome to Private Duty Today, the bi-weekly electronic newsletter for Private Duty Home Care Leaders from Leading Home Care ...a Tweed Jeffries company.

I'm Jason Tweed, Director of Business Development for Leading Home Care, and Editor of Private Duty Today

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If you're like me, you've just finished digesting a turkey dinner.  You're making a list of holiday cards and trying to figure out which people on your list get "Merry Christmas" and which get "Happy Hanukkah".  St. Nicholas will be visiting in about 20 days and you're feeling ill prepared.  You're trying to get invited to some holiday parties, and figure out ways to avoid others.  And in a few more weeks you will be ... eating another turkey dinner!
 
Unfortunately, this is also a very important time of year for Home Care CEOs.  In the midst of distraction here are some things that you should add to your December to-do list to be well-prepared for 2009.
 
Create Your Marketing Calendar -- Plan five to seven marketing strategies that you will implement in 2009.  Mix some of the tried and true techniques that brought you success in 2008 with a few new campaigns for next year.  Marking a wall calendar with the date that each strategy will launch is the first step to growing your business next year.
 
Create a Retention Calendar -- Make increasing caregiver retention a priority next year.  By planning three or four events that show your caregivers you care and recognize their work, you keep happier employees.  Happy employees = happy customers = happy CEOs!  Make sure that some of these events recognize the entire body of caregivers, while others reward exceptional work and behavior standards.
 
Plan for Operational Growth -- If your company grows revenue by 10%, what additional supports will you need?  What if your company grows by 25%? 50%? 100%?  Targeting growth numbers and planning operational growth will make your company more profitable, and create more restful nights for the CEO.
 
Plan Your Vacation -- Our definition of an entrepreneur is "Someone who work 60 hours a week for themselves to afford working 40 hours a week for someone else."  If this describes you don't forget to plan some rest and relaxation time.  By having appropriate opportunities for rejuvenation your performance will improve, and your company will thank you for it.  Additionally, it's critical that your company be able to survive for short periods of time without you.
 
Right, or Rewrite, Your Exit Strategy -- Stephen Covey says "Begin with the end in mind."  All of us will retire, one way or another, at some point.  Some of us will be buried in the dirt with lilies planted above us, others prefer to be buried in beach sand with a margarita planted on us.  Regardless of your personal goals, you should plan for your business's survival beyond your work there.  Re-examine your exit strategy, and make sure that the progress you're making for your company is working toward your personal goals.
 
Invest in Technology -- Your single biggest overhead expense will be people.  They are simultaneously your biggest drain on profits while being a most important asset.  Think about the big picture as you move forward.  What technology will make them most effective?  How can you make scheduling, billing, payroll and supervisory staff more efficient?  What tools do your salespeople need to generate more revenue?  It's almost always less expensive to acquire productivity technology than it is to acquire additional staff.
 
Update Your Brand -- Take all of the materials in your office that have your logo on them.  Try to determine which ones are out of date or simply stale.  Get rid of any materials that no longer truly represent your brand.  Identify holes in your marketing and other branding materials, and plan to fill them.
 
Update Your Website -- Today every company needs a website, it grants legitimacy the way a fax number did two decades ago.  But is your website working for you, or just another out-of-date brochure?
 
Clean out the Office -- You and your employees probably spend in excess of 2000 hours a year in your office.  That's probably more time than you spend with your spouse, unless your spouse works there too.  (Sleeping doesn't count.)  Refreshing the office by clearing out clutter, rearranging the spaces and furniture, and adding a few decorations will dramatically change the way you and your employees feel about coming to work.
 
Spending an hour or two on each of these projects this December will have significant impact on your growth, profitability, happiness and success in 2009.

 

 

Practical Marketing Tips to Grow Your Business

 

 

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Today's issue of Private Duty Today offered some suggestions for December projects to make your 2009 better.  We want to hear from you.  Tell us some of the things you're doing this month to move forward in 2009.