How to Have a Happy Fiscal Ending

Accident - How to Have a Happy Fiscal Ending

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If you are like nearly every company owner I know, you have been busy all year. But performance does not always correspond with productivity. The best way to know if you've been as productive as you have been active is by your numbers. They won't lie.

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If you are pleased with the story your numbers tell, then congratulations and do all the same things next year that you did this year.

However, if you'd like a happier fiscal ending to 2010, then there are some things you can do now so that you can hit the ground running when the calendar page turns in a few weeks.

Clean up your bookkeeping - touch base with your Cpa before the tax season gets into full swing for a year-end check up. Doing this now could help to: Minimize your tax burden for this year by cramming in all the expenses allowed Fix any issues associated to tracking revenue and expenses so that you can pull dependable reports to keep you on track throughout the arrival year
Your numbers are the pulse that measures the health of your business. Without dependable numbers, development marketing or purchasing decisions will be like throwing darts in the dark: if you hit the target at all, it will be by accident and hard to repeat.

Assess your marketing plan - recapitulate this past year's activities against the return they provided. This includes things like: events you attended or exhibited at promotions you did networking groups you invested in internet tools like email, blogging and communal networking print and promotional materials you produced
Did your beloved networking group supply any company or was it more of a communal club? If you are tracking the source of every sale and client, you will know at a glimpse when Twitter, the chamber of business or a speaking gig is paying off. If you are not tracking this information, then vow to begin doing so come January.

Outline your marketing plan - Take out a calendar and a pencil and chart your marketing activities for the arrival year. Keep it straightforward (my beloved approach) and begin with broad strokes, keeping the estimate results you just went over in mind: Choose your main marketing events for the year Then distribute them by quarter and month Begin breaking down the tasks associated with them by week and eventually by day.

That should be adequate to keep you busy straight through the end of the year!

This may not be the most involving stuff you do as a company owner but development the commitment to doing these things comes with a handsome recompense called profitability, and what is more involving than that!

If you know you should do this stuff but just can't seem to bring yourself to do it or get overwhelmed every time you try - help is just a click or phone call away:) Honestly, strategizing gives me goose bumps - I just love it!

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