MileIQ: Mileage Tracker & Log

MileIQ Inc.

GET — On the App Store

View
MileIQPricing
Open MenuClose Menu
Small Business Tips

5 New Year's Resolutions For Small Business Owners

Marin Perez
December 3, 2018

Download MileIQ to start tracking your drives

Automatic, accurate mileage reports.

Get Started

Make 2019 the year you take your small business to the next level. Here are four New Year's resolutions small business owners should consider.  

Get organized and keep great records

You're probably drowning in paperwork and process. I know you didn't get into this line of work to manage records but it's vital for your business. Staying organized helps you make better decisions. Far too many businesses don't even have clear insight into their finances. This also applies to inventory, client pipeline and more. There are many apps to help small business owners get organized. Try out some and see what works for you.  

Stay on top taxes

Tax reform is in full swing and many experts say the new tax code offers many advantages for small business owners. Make sure you're aware of the potential tax perks for the self-employed:  

Speak with your tax professional about the latest tax advantages for small business owners.  

Download MileIQ to start tracking your drives

Automatic, accurate mileage reports.

Get Started

Hire better, delegate more

Focus on whatever you're best at and aim to outsource the rest. If you can afford it, hire more people and delegate more tasks. Don't ever forget: your time is worth money. You can spend a lot of time learning and doing tasks you're not good at. But, think about the opportunity cost of that time. Sometimes, hiring a specialist can be the best investment for your small business.  

Let technology help you

Whether it's using a mileage-tracking app like MileIQ for business mileage, switching to a digital POS system or embracing digital ways to track your expenses, using the right technology can increase your productivity exponentially. When evaluating new technology, ask yourself:  

       
  • Will this make it easier to run my business?
    •    
  • Will this technology provide a good return on investment?
    •    
  • Is this something that me or my employees will actually use?
    •  

Take care of yourself

Burnout is very real for small business owners. That's why it's important to spend time focusing on your health. I'm not just talking about health insurance, although that is very important. Take the time to enjoy yourself, too. Being a small business owner is a marathon, so be sure to take breaks.  

Still tracking miles by hand?

Use MileIQ to automatically keep a full, IRS friendly mileage log.

Get Started

Related Blog Posts

Small Business Tips

10 best interview questions to ask employees

Hiring? These 10 interview questions are the best way to determine if this applicant should be your next employee or not.

Multi-ethnic business women celebrating an achievement of a colleague at start up office
Small Business Tips

How to Be Thankful for Your Team This Year

Thanksgiving holiday is a reminder to give thanks and let someone know how much you appreciate them. Something especially true for your staff and colleagues

Small Business Tips

Are secret shoppers right for your business?

What is a secret shopper? A secret shopper, also called a mystery shopper or mystery consumer, is someone who secretly performs market research. This person gathers specific information about a retailer according to parameters set ahead of time. The information can include pricing, quality of service, and other data. Secret shoppers are also sometimes used

Small Business Tips

Vacation Leave: What Small Business Owners Need to Know

Need a vacation leave policy for your small business? Click through to learn what it is, how it can benefit your business and how to implement one.

Self Employed

Where to get a free Uber vehicle inspection

To become an Uber driver, your vehicle needs to meet Uber's standards for safety and cleanliness, which means you have to pass an Uber vehicle inspection. Here are the guidelines for passing an Uber vehicle inspection.

Self Employed

When Should You Work for Free?

Should you ever work for free? We lay out the factors you should consider when making the decision on whether you should work for free.

MileIQ: Mileage Tracker & Log

MileIQ Inc.

GET — On the App Store

View
MileIQPricing
Open MenuClose Menu

Make 2019 the year you take your small business to the next level. Here are four New Year's resolutions small business owners should consider.  

Get organized and keep great records

You're probably drowning in paperwork and process. I know you didn't get into this line of work to manage records but it's vital for your business. Staying organized helps you make better decisions. Far too many businesses don't even have clear insight into their finances. This also applies to inventory, client pipeline and more. There are many apps to help small business owners get organized. Try out some and see what works for you.  

Stay on top taxes

Tax reform is in full swing and many experts say the new tax code offers many advantages for small business owners. Make sure you're aware of the potential tax perks for the self-employed:  

Speak with your tax professional about the latest tax advantages for small business owners.  

Hire better, delegate more

Focus on whatever you're best at and aim to outsource the rest. If you can afford it, hire more people and delegate more tasks. Don't ever forget: your time is worth money. You can spend a lot of time learning and doing tasks you're not good at. But, think about the opportunity cost of that time. Sometimes, hiring a specialist can be the best investment for your small business.  

Let technology help you

Whether it's using a mileage-tracking app like MileIQ for business mileage, switching to a digital POS system or embracing digital ways to track your expenses, using the right technology can increase your productivity exponentially. When evaluating new technology, ask yourself:  

       
  • Will this make it easier to run my business?
    •    
  • Will this technology provide a good return on investment?
    •    
  • Is this something that me or my employees will actually use?
    •  

Take care of yourself

Burnout is very real for small business owners. That's why it's important to spend time focusing on your health. I'm not just talking about health insurance, although that is very important. Take the time to enjoy yourself, too. Being a small business owner is a marathon, so be sure to take breaks.  

Get started for free