The end of the year is practically here. That means that it’s time for me to do my annual review of my home business. I do this every year to make sure that I am on track with my goals. It also helps to keep me on top of my game as far as making sure that I have the best services, equipment and co-workers for my company.

Some of the things I’ll be doing as part of my annual review include:

• Reviewing all of my service providers. For example, I will read through web hosting reviews to learn about what the best rated web hosting companies are offering. I won’t necessarily change the web host that I have because I’m happy with the company but I will know if something better is out there.
• Reviewing the year’s goals and setting new goals. I always make annual goals for the business. Some of these are financial goals and others are related to my desires for furthering the company. I will review last year’s goals to see if they were met. I will set new goals based on that information.
• Reviewing how beneficial it’s been to work with certain people. I hire subcontractors and work with collaborators on various projects. I’ll make a list of these people and make sure that I’m happy enough with the results of the past year to continue to work with these people.
• Reviewing how I spend my time. I think it’s important to know how many hours I’m working and what I’m doing during those hours. I’ll review that and see if any modifications are necessary in the new year.

Do you do an annual review of your home-based business?

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