{"id":20452,"date":"2024-12-18T10:39:16","date_gmt":"2024-12-18T10:39:16","guid":{"rendered":"https:\/\/www.sage.com\/en-gb\/blog\/?p=20452"},"modified":"2024-12-18T16:18:28","modified_gmt":"2024-12-18T16:18:28","slug":"how-to-keep-your-small-business-running-smoothly-this-christmas","status":"publish","type":"post","link":"https:\/\/www.sage.com\/en-gb\/blog\/how-to-keep-your-small-business-running-smoothly-this-christmas\/","title":{"rendered":"How to keep your small business running smoothly this Christmas"},"content":{"rendered":"<header class=\"entry-header has-dark-background-color entry-header--has-illustration entry-header--has-illustration--generic\">\n\t<div class=\"container\">\n\t\t<div class=\"entry-header__row row align-center\">\n\t\t\t<div class=\"col col-lg-7 col-xlg-6 entry-header__content\">\n\t\t\t\t\t\t\t<div class=\"component component-single-header\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"entry-header__misc text--subtitle text--uppercase text--small\">\n\t\t\t\t\t\t\t<a href=\"https:\/\/www.sage.com\/en-gb\/blog\/category\/money-matters\/\" class=\"entry-header__link\">Money Matters<\/a>\t\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t<div class=\"entry-title-wrapper\">\n\t\t\t\t\t<h1 class=\"entry-title\">\n\t\t\t\t\t\tHow to keep your small business running smoothly this Christmas\t\t\t\t\t<\/h1>\n\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t<p class=\"entry-header__description\">\n\t\t\t\t\t\t\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n\t<div class=\"single-post-details container\">\n\t\t<div class=\"col\">\n\t\t\t<span class=\"posted-on \"><time class=\"entry-date published\" datetime=\"2024-12-18T10:39:16+00:00\">18 December, 2024<\/time><\/span><span class=\"reading-time\"> min read<\/span>\n\t\t<button\n\t\t\ttype=\"button\"\n\t\t\tclass=\"social-share-button button button--icon button--secondary js-social-share-button\"\n\t\t\tdata-share-title=\"How to keep your small business running smoothly this Christmas\"\n\t\t\tdata-share-url=\"https:\/\/www.sage.com\/en-gb\/blog\/how-to-keep-your-small-business-running-smoothly-this-christmas\/\"\n\t\t\tdata-share-text=\"Please read this interesting article\"\n\t\t>\n\t\t\t<span class=\"social-share-button__share-label\">Share<\/span>\n\t\t\t<span class=\"social-share-button__copy-label\" hidden>Copy Link<\/span>\n\t\t\t<span class=\"social-share-button__copy-tooltip\" aria-hidden=\"true\" hidden>Copied<\/span>\n\t\t<\/button>\n\n\t\t\t\t<\/div>\n\t<\/div>\n<\/header>\n\n\n<div class=\"wp-block-post-author has-dark-background-color alignfull\">\n\t<div class=\"container\">\n\t\t<div class=\"col\">\n\t\t\t\t\t\t\t<div class=\"co-authors\">\n\t\t\t\t\t\n\t\t<div class=\"entry-author-wrapper\">\n\t\t\t<a class=\"entry-author\" href=\"https:\/\/www.sage.com\/en-gb\/blog\/author\/sarahcheesman\/\">\n\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"40\" height=\"40\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Sarah-Cheesman-350x350.png\" class=\"entry-author__image\" alt=\"Sarah Cheesman\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Sarah-Cheesman-350x350.png 350w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Sarah-Cheesman-768x768.png 768w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Sarah-Cheesman-810x810.png 810w, https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/07\/Sarah-Cheesman.png 1080w\" sizes=\"auto, (max-width: 40px) 100vw, 40px\" \/>\t\t\t\t<span class=\"entry-author__name\">Sarah Cheesman<\/span>\n\t\t\t<\/a>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n\n<p>The Christmas period can feel like a double-edged sword for small businesses. On the one hand, it&#8217;s a time for increased sales, festive cheer, and maybe even a little downtime. On the other, it can bring cash flow challenges, staff shortages, and operational hiccups.<\/p>\n\n\n\n<p>So, how do you keep everything running smoothly during the holiday season? In this guide, we&#8217;ll explore practical tips to help you manage your money, people, and payroll\u2014making sure your business not only survives, but thrives through the festivities.<\/p>\n\n\n<?xml encoding=\"utf-8\" ?><div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><ul><li><a href=\"#h-plan-your-cash-flow-like-a-pro\" data-level=\"2\">Plan your cash flow like a pro<\/a><\/li><li><a href=\"#h-support-your-team-through-the-holiday-rush\" data-level=\"2\">Support your team through the holiday rush<\/a><\/li><li><a href=\"#h-streamline-payroll-for-the-festive-season\" data-level=\"2\">Streamline payroll for the festive season<\/a><\/li><li><a href=\"#h-stay-connected-with-your-customers\" data-level=\"2\">Stay connected with your customers<\/a><\/li><li><a href=\"#h-prepare-for-the-new-year\" data-level=\"2\">Prepare for the new year<\/a><\/li><li><a href=\"#h-final-thoughts\" data-level=\"2\">Final thoughts<\/a><\/li><\/ul><\/div>\n\n\n\n<div class=\"single-cta gated-content\">\n\t<div class=\"single-cta__positioner\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Cash flow forecast template<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p class=\"\">Get your free cash flow forecast template and use it to project how much cash will be flowing in and out of your business, and when.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-e8fae86a-9444-4657-a009-eba49287d7fd\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Download the cash flow forecast template<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1215\" height=\"810\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2023\/09\/GettyImages-1303226324-1215x810.jpg\" class=\"single-cta__image\" alt=\"Young woman reading in a library setting\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2023\/09\/GettyImages-1303226324-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-plan-your-cash-flow-like-a-pro\">Plan your cash flow like a pro<\/h2>\n\n\n\n<p>Christmas spending isn&#8217;t just for customers. As a business, you&#8217;re likely to face higher costs, from stocking up on inventory to organising festive promotions. It&#8217;s a good idea to start with a clear <a href=\"https:\/\/www.sage.com\/en-gb\/blog\/cash-flow-forecasting-small-businesses\/\" rel=\"noopener noreferrer\">cash flow forecast<\/a> and map out your expected income and outgoings to spot any potential gaps early.<\/p>\n\n\n\n<p>For example, if your busiest time is December, will you have enough cash to cover quieter months like January? Many businesses see a sales dip after Christmas, which can leave them struggling to cover bills. To avoid this, focus on creating a robust plan that includes worst-case scenarios.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-invoice-promptly-and-incentivise-early-payments\">Invoice promptly and incentivise early payments<\/h4>\n\n\n\n<p>Cash flow can quickly become a headache if customers delay payments over the holidays. Combat this by <a href=\"https:\/\/www.sage.com\/en-ie\/blog\/creating-processing-invoices\/\" rel=\"noopener noreferrer\">invoicing<\/a> as soon as possible and offering incentives for early settlement. For example, could you offer a 2% discount for invoices paid within seven days? It&#8217;s a small price to pay for the stability of having cash in the bank when you need it most.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-stock-smartly\">Stock smartly<\/h4>\n\n\n\n<p>If you sell physical goods, now&#8217;s the time to review your inventory. Over-ordering can tie up cash in unsold stock, while under-ordering risks missing out on peak demand. Use last year&#8217;s sales data to forecast this year&#8217;s trends and adjust your stock levels accordingly.<\/p>\n\n\n\n<figure class=\"wp-block-pullquote\"><blockquote><p><strong>Pro tip:<\/strong> talk to your suppliers early about lead times over Christmas. Many shut down or operate reduced hours, so it&#8217;s worth building in extra time for deliveries.<\/p><\/blockquote><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-support-your-team-through-the-holiday-rush\">Support your team through the holiday rush<\/h2>\n\n\n\n<p>Your team is the backbone of your business, especially during the hectic Christmas period. But it&#8217;s also the time when staff are likely to take time off, leaving you stretched. Without careful planning, you could find yourself short-staffed at the worst possible moment.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-create-a-holiday-rota-early\">Create a holiday rota early<\/h4>\n\n\n\n<p>Encourage your team to book their holidays well in advance so you can plan shifts and workloads effectively. Using a shared calendar or scheduling software can help you track who&#8217;s available and avoid last-minute surprises.<\/p>\n\n\n\n<p>One idea might be to ask staff to submit their Christmas holiday requests by mid-October, giving you enough time to find cover if needed and making sure you can meet demand during your busiest weeks.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-consider-hiring-temporary-staff\">Consider hiring temporary staff<\/h4>\n\n\n\n<p>If your workload spikes in December, bringing in seasonal support could make all the difference. Students, retirees, or part-time workers often look for extra income over the holidays and can be a valuable resource. Be clear about your expectations and make sure they&#8217;re properly trained to hit the ground running.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-keep-morale-high\">Keep morale high<\/h4>\n\n\n\n<p>Christmas can be stressful for your team, especially if they&#8217;re working long hours. Small gestures, like a festive lunch, a secret Santa gift exchange, or even a simple thank-you note, can go a long way toward boosting morale. Happy staff are more likely to go the extra mile for your customers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-streamline-payroll-for-the-festive-season\">Streamline payroll for the festive season<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.sage.com\/en-gb\/blog\/glossary\/what-is-payroll\/\" rel=\"noopener noreferrer\">Payroll<\/a> deadlines don&#8217;t take a holiday, even if you do. Late or incorrect payments can cause frustration for your staff, so make sure your payroll processes are watertight before December rolls around.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-plan-for-bank-holidays\">Plan for bank holidays<\/h4>\n\n\n\n<p>If your usual payday falls on a bank holiday, you&#8217;ll need to bring it forward. Make sure you communicate any changes to your team well in advance so they know when to expect their wages.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-double-check-holiday-pay\">Double-check holiday pay<\/h4>\n\n\n\n<p>Seasonal bonuses or additional holiday pay are great ways to reward staff, but they can complicate payroll calculations. Review these figures carefully to avoid mistakes. Using a tool like <a href=\"https:\/\/www.sage.com\/en-gb\/sage-business-cloud\/payroll\/\" target=\"_blank\" rel=\"noopener noreferrer\">Sage Payroll<\/a> can help you automate the process, saving time and reducing the risk of errors.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-stay-compliant\">Stay compliant<\/h4>\n\n\n\n<p>Make sure you&#8217;re up to date with payroll regulations, including any changes to minimum wage rates or holiday pay entitlements. Non-compliance can lead to fines and damage your reputation, so it&#8217;s worth taking the time to get it right.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-stay-connected-with-your-customers\">Stay connected with your customers<\/h2>\n\n\n\n<p>Don&#8217;t let the festive season interrupt communication with your customers. Whether you&#8217;re running a Christmas sale or just sharing your holiday hours, keeping them informed helps build trust and loyalty.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-send-festive-updates\">Send festive updates<\/h4>\n\n\n\n<p>You can use email newsletters, social media, or your website to share important information like opening times, delivery cut-offs, and to promote seasonal offers.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-add-a-personal-touch\">Add a personal touch<\/h4>\n\n\n\n<p>Christmas is a great time to show your appreciation for your customers. A personalised thank-you note, a small discount voucher, or even a festive freebie can help you stand out from the competition.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-respond-quickly\">Respond quickly<\/h4>\n\n\n\n<p>During the busy season, customer queries can pile up. Make it a priority to respond promptly to emails, messages, or social media comments. If you&#8217;re short on time, consider setting up an email autoresponder to acknowledge queries and let customers know when they can expect a reply.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-prepare-for-the-new-year\">Prepare for the new year<\/h2>\n\n\n\n<p>Once the Christmas chaos subsides, you&#8217;ll want to hit the ground running in January. Use quieter moments during the festive season to review your year and set goals for the next.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-reflect-on-your-successes\">Reflect on your successes<\/h4>\n\n\n\n<p>Take time to review what worked well this year and what didn&#8217;t. Did a particular marketing campaign bring in great results? Was there a product that didn&#8217;t sell as expected? Use these insights to shape your plans for the coming year.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-tackle-admin-tasks\">Tackle admin tasks<\/h4>\n\n\n\n<p>The festive period can be a good time to handle those tasks you&#8217;ve been putting off. Update your accounting software, review supplier contracts, or refresh your website.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-plan-ahead\">Plan ahead<\/h4>\n\n\n\n<p>Start thinking about the year ahead. Could you introduce new products, expand your services, or explore different marketing channels? Setting clear goals now will help you stay focused as you move into 2025.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-final-thoughts\">Final thoughts<\/h2>\n\n\n\n<p>Christmas doesn&#8217;t have to be a stressful time for your business. With the right preparation\u2014focusing on your cash flow, supporting your team, streamlining payroll, and staying connected with your customers\u2014you can keep things running smoothly while enjoying the festive season.<\/p>\n\n\n\n<p>Plan ahead, embrace the opportunities, and remember: Christmas is a time for gratitude. Celebrate how far you&#8217;ve come, thank your team and customers, and look forward to an even brighter year ahead.<\/p>\n\n\n\n<div class=\"single-cta gated-content\">\n\t<div class=\"single-cta__positioner\">\n\t\t<div class=\"single-cta__wrapper has-dark-background-color\">\n\t\t\t<div class=\"single-cta__content\">\n\t\t\t\t\t\t\t\t<h2 class=\"single-cta__title h3\">Cash flow forecast template<\/h2>\n\n\t\t\t\t\t\t\t\t\t<div class=\"single-cta__description\">\n\t\t\t\t\t\t<p><!-- wp:paragraph --><\/p>\n<p class=\"\">Get your free cash flow forecast template and use it to project how much cash will be flowing in and out of your business, and when.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a\n\t\t\t\t\t\thref=\"#gate-e8fae86a-9444-4657-a009-eba49287d7fd\"\n\t\t\t\t\t\tclass=\"single-cta__button button button--primary\"\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t>Download the cash flow forecast template<\/a>\n\t\t\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<img decoding=\"async\" width=\"1215\" height=\"810\" src=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2023\/09\/GettyImages-1303226324-1215x810.jpg\" class=\"single-cta__image\" alt=\"Young woman reading in a library setting\" loading=\"lazy\" srcset=\"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2023\/09\/GettyImages-1303226324-1215x810.jpg 1215w\" sizes=\"auto, (min-width: 48em) 33vw, 100vw\" \/>\t\t\t<\/div>\n<\/div>\n\n\n\n","protected":false},"excerpt":{"rendered":"<p>Keep your small business running smoothly this Christmas with practical tips on cash flow, staffing, and payroll to thrive this festive season.<\/p>\n","protected":false},"author":1813,"featured_media":20455,"menu_order":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sage_video":false,"post_featured_image_hide":false,"footnotes":""},"categories":[6,114],"tags":[24,26,162],"business_type":[4],"lilypad":[],"context":[],"industry":[],"persona":[],"imagine_tag":[108],"coauthors":[361],"class_list":["post-20452","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-matters","category-trends-insights","tag-cash-flow","tag-inventory","tag-retail","business_type-small-business"],"sage_meta":{"region":"en-gb","author_name":"Sarah Cheesman","featured_image":"https:\/\/www.sage.com\/en-gb\/blog\/wp-content\/uploads\/sites\/10\/2024\/12\/Two-colleagues-working-in-a-small-coffee-shop.jpg","imagine_tags":{"108":"Retail"}},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Sage Advice UK","distributor_original_site_url":"https:\/\/www.sage.com\/en-gb\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/posts\/20452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/users\/1813"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/comments?post=20452"}],"version-history":[{"count":0,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/posts\/20452\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/media\/20455"}],"wp:attachment":[{"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/media?parent=20452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/categories?post=20452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/tags?post=20452"},{"taxonomy":"business_type","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/business_type?post=20452"},{"taxonomy":"lilypad","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/lilypad?post=20452"},{"taxonomy":"context","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/context?post=20452"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/industry?post=20452"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/persona?post=20452"},{"taxonomy":"imagine_tag","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/imagine_tag?post=20452"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.sage.com\/en-gb\/blog\/api\/wp\/v2\/coauthors?post=20452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}