If you're like most, you made some big goals for 2016 that may have already slipped to the wayside. You're busy running a business though, so fear not. Now's the perfect time to reevaluate and set new goals for the rest of the year.

You can start by looking around your workspace. Do you see some depressing, outdated equipment?

We're all susceptible to a little retail therapy now and then, but the changing of the calendar can be a great excuse to assess and update your business' gear. In fact, a survey in the US by CAN Capital found that replacing equipment was high up on the 2016 resolutions list for many small businesses, and was the number one goal for the year for 29 per cent of those surveyed.

As you continue to work out your company plans for this year, perhaps refreshing some of your technology - including your phone systems - should be made a priority.

Let the government help

2015 was a banner year for Australian small businesses, with the introduction of an immediate tax deduction for any new business assets costing up to $20,000. Announced in the May federal Budget, the scheme has quickly proved a hit with SMEs, with the Sydney Morning Herald reporting that almost 100,000 small businesses had made claims between July and December.

Speaking to the Sydney Morning Herald, Federal Small Business Minister Kelly O'Dwyer encouraged more Australian SMEs to get in on the scheme in the coming year.

"The message I have for small businesses which are thinking of whether to make an investment in their business is that you have until July 30, 2017 to make a claim and there is no limit to the number of items that you can invest in so long as they are eligible assets," she said.

It might be time to modernise your communication equipment.

Why upgrade your business phone systems?

It's no secret that efficient communication is one of the most crucial elements of any business, be it small or large. For a lot of us, that means reaching out to clients and colleagues by picking up the phone. SMEs thrive on collaboration, and Fonality's deployment options are designed specifically with those businesses in mind.

If you haven't audited your office communications system in a while, perhaps it's the time to take advantage of the latest technological developments. Using cloud-based collaborative solutions, such as Fonality's Heads Up Display, you and your colleagues can smoothly communicate across an array of devices, whether by text, phone or video chat.