year end

Strategic Planning for the New Year

Strategic Planning for the New Year

The end of the calendar year, which oftentimes also marks the end of the fiscal year for most clinics, is an opportune time to plan ahead for the following year.  As we near the end of 2021, plans for 2022 should come to mind, and a framework for a successful year should be the focus.   Conduct SWOT Analysis A SWOT analysis is a simple but helpful tool to establish a business strategy.  It works well for new and established businesses alike.   SWOT is an acronym that stands for Strengths, Weaknesses, Opportunities, and Threats.  Identifying internal and external elements in each of these categories helps you perform a deep dive into the different parts of the business and establish a plan…