A successful new year starts with smart planning today. December is the perfect time to reflect on what worked, identify areas for improvement, and align your goals with your operational needs.

Here are four ways to strategically prepare for 2026:

1. Conduct a Year-End Review

A year-end review is more than just looking at your bottom line; it's an opportunity to assess how your business performed across all key areas and set a strategic foundation for the year ahead. Start by reviewing your revenue growth. Did your sales increase compared to the previous year? What patterns do you notice in your monthly income streams? If your revenue plateaued or dropped, investigate potential causes, such as shifts in market demand or changes in customer behavior.

Next, examine your expenses. Identify any areas of overspending or opportunities to cut costs without sacrificing quality or efficiency. Reviewing your profit margins will help you understand if your pricing strategy and cost controls are aligned.

Client retention is another critical metric. How many customers returned to do business with you this year? Loyal customers are often more valuable than new ones, and retention can highlight the strength of your customer relationships. Look at feedback, reviews, and engagement levels to get a sense of overall satisfaction.

Finally, assess customer satisfaction in a measurable way. This could include survey responses, online reviews, net promoter scores, or customer service trends. Understanding what your customers appreciate and where you may have fallen short gives you clear direction on how to improve in 2026.

2. File Annual Reports on Time

Missing annual deadlines can result in fees or the loss of good standing. Minnesota LLCs and Corporations must file their annual reports by December 31. File now to avoid last-minute delays: File your annual report.

3. Update Your Business Details

Changed addresses, partners, or business purposes? Update your state records using our Amendment Services or Contact Information Update Form.

4. Plan for Growth

Are you expanding into another state? Consider Foreign Qualification Services. Launching a new brand? Check your name availability with a free business name search.

Start your new year prepared, not playing catch-up. Whether you need a fresh start or final wrap-up help, we’ve got the tools to support you.

📞 Contact us at 800-421-2661 or view all services here.