This is my favorite week of the year! I know things may still be chaotic for you with inventory reduction sales and taking inventory. But in the busy that it can bring, I think this week between Christmas and New Years is one of the most reflective — which is why I love it so much! I personally try not to plan a lot of meetings and keep my schedule clear this week for planning and brainstorming about what I want to change and improve on, and where I want my business to go in the next year.
Some questions I always ask myself this week: What worked this year and why? How can I do more of that in the new year? What didn’t work and why? How can I change that in the next year? What was my word of the year and how did I actually live into that? What shifts do I need to make? What’s my word of the year going to be for the upcoming year? And how can I make next year my Best Year Yet?
So, today I want to pose a couple of questions to you to do the same, to look back on what happened in 2023 and ultimately help you get ready for 2024, as well as give you my predictions on where the industry is headed next. Thanks for joining me as I dig into my favorite week of the year!
Also, every year at the hub we host a week-long challenge called the Best Year Yet, and the goal is to address the changes we are seeing in our industry and help you start the new year in a really powerful way. It’s FREE for everyone, you don’t even have to be a Hub member, and this year we are talking about the 3 major ways to go and change your business. Click the link below to sign up online and join us January 2-4 for the Best Year Yet!
Resources Featured In This Episode:
- Best Year Yet 3-Day FREE Virtual Event
- The Boutique Hub: Website | Facebook | Instagram | Pinterest | TikTok | YouTube
- Ashley Alderson: Instagram
- Boutique Summit 2024
- 2024 Boutique Boss Planner
- Small Business Marketing Handbook
- Boutique Hub Black
- Hubventory.com
>> Prepping for the New Year – LISTEN NOW ON iTunes <<
>> Prepping for the New Year – LISTEN NOW ON Spotify <<
See the Full Boutique Chat Podcast Website here
Watch it on YouTube:
What You’ll Learn About in Prepping for the New Year
- Creating focus for your business
- Knowing your worth
- Changes seen in the retail industry in 2023
- How to analyze your performance in the last year
- What it means to know your numbers
- What to expect in 2024
- The importance of managing your inventory
- How to make next year the best year yet
Join the Hub for more training, information, and connections.
www.theboutiquehub.com/join
Use the hashtag #AskAshley on Instagram, or tag her at @ajalderson or @theboutiquehub to suggest topics for the podcast and let us know what you thought about this episode!
Do you love the Boutique Chat Podcast?! Subscribe to our podcast and after that, leave us a review on iTunes Apple Podcasts here!
Original Air Date: December 26, 2023
Do you love the details of Prepping for the New Year? Let us know what you think about our show and help spread the word about the #BoutiqueChat Podcast.
Recent Posts:
- Tips for Sourcing Wholesale for Your Small Business
Sourcing wholesale is one of the most important aspects of being a retailer. A great wholesale sourcing strategy can set apart a great business from a struggling one. Here are our biggest tips for sourcing wholesale successfully for your business in 2024. - Transitioning in Retail: Lessons Learned and Exit Strategies
Welcome back to the Boutique Chat podcast! In this episode, we’re thrilled to chat with Megan Crabtree, a former boutique owner and now a Boutique Hub employee. Her journey offers profound insights into navigating change, making tough decisions, and finding new paths. - Six Questions to Ask Wholesale Vendors at Market
Whether you’re preparing for your first trip to the market or you’re a seasoned attendee looking to enhance your approach, knowing the right questions to ask vendors is crucial. These inquiries not only help you understand the potential for a partnership but also ensure that the brands you choose to work with align perfectly with your business’s needs. Here are six key questions you should always ask:
