Find the business for you in FY19

The last six months have been busy. New Year’s resolutions have been forgotten and you still haven’t found or purchased your dream business. It’s also that time of year when the weather starts to turn for the worse and energy and enthusiasm levels can begin to wane.

But, it’s not all doom and gloom! With the new financial year just around the corner, now is a great time to pick yourself up, reassess your goals and get back on track for the rest of the year.

To achieve what you want, you need to step back, take a break, and boost your mood and motivation.

Take a break

Recharge your batteries with a well-deserved mid-year break. This doesn’t need to be a big getaway. A couple of days escaping the city, or a long weekend snuggled up at home with some good books could be enough to help you feel rejuvenated. What’s important is just to switch off for a wee while, so you can start the new financial year feeling fresh and reinvigorated to continue your business buying journey.

Rediscover what excites you

If you feel like you’ve plateaued, and your search efforts are getting you down, the best thing to do is remind yourself what’s motivating you. It can be easy to lose sight of what first ignited your dream of being your own boss. Re-spark your passion and energy by reminding yourself of what you have to gain. Business ownership could help you create your ideal lifestyle and work-life balance, get more security, job satisfaction, or give you the chance to really do something you’re passionate about. Whatever your reasons, take some time out to remember what excites you. Regularly prompting yourself to think about why you want to run your own business is a great way to encourage yourself to embrace change. Finding inspiration in others is also a good way to get fired up.

Keep your goals clear

It can be disheartening when you don’t achieve your goals, but ensuring each of your objectives is S.M.A.R.T will help set you up for success. S.M.A.R.T stands for specific, measurable, achievable, relevant and time-bound. Not only should they meet this criteria you should also write down your schedule or plan for success to help you stay accountable. Remember, the more planning you do the easier it will be to achieve your goals.

Set yourself up for success

This could be as simple as reviewing how your goals are tracking, or making time to hunt for available opportunities. Why not let technology do the work for you, and outsource your search to Biz Mail? Simply pre-set your criteria, and you’ll receive daily emails with the latest business and franchise opportunities posted on SEEK Business that match what you’re looking for – taking the effort out of your search.

You could also put aside time to ensure your finances and plans are in line for when the right opportunity does come along. This could involve contacting a small business accountant or bank to determine the funds you have available, researching marketing or business plans to get a head start, or even finding an experienced lawyer to discuss the documentation you’ll need to prepare. Any details you can get your hands on will help you stay informed, and set yourself up for success in the long run.

Follow these steps and discover How to choose a business that’s right for you.