These Should Be Your Business Goals For 2025

We have a few suggestions for getting a headstart on business success next year.

Kuda App
Kuda Business
Published in
2 min readDec 30, 2024

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Whether your business is a phenomenal success or you’re still figuring things out, it’s always good to start the year with a strong sense of purpose. We have a few suggestions for getting a headstart on business success in 2025.

  1. Take another look at your target market.

2. Review your books.

Are you making money or just going through the motions of running a business? Reviewing your books can help you figure out how to make more profit in the new year or see what’s not working. For that kind of clarity, use the Transaction Analytics feature on your Kuda Business app.

3. Improve your customer service.

Quality service can encourage customers to do business with you over and over again, while poor treatment will drive them away. Aim to train your staff and improve the standard of your service in 2025.

4. Review your vendors.

Maybe it’s time to switch to vendors who’ll save you money. Prices can vary from vendor to vendor, so it’s important to shop around and see who offers the best deal. Some suppliers may offer discounts on bulk-buying while others may sell higher quality products at higher prices. Weigh your options.

5. Restock.

Now is the perfect time to restock. Start by identifying the top products your customers are most likely to want, especially in January. Focus on the three or four items that are in highest demand. Next, create an expense account Kuda Business to set aside the money you’ll need for restocking whenever it’s time. This way, you won’t mix up your cash and confuse your operational expenses with restocking costs.

If you know that your business can be in better shape, set your improvement goals now. They could include hiring new staff, giving a better customer experience, working with new vendors, launching a new offer, or even raising your prices. All the best!

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Kuda Business
Kuda Business

Published in Kuda Business

Updates from the all-in-one business manager for Nigerian freelancers and SMEs.

Kuda App
Kuda App

Written by Kuda App

We’re the money app for Africans. kuda.com

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