C2C DAILY Coast to Coast Business December 2018 Edition 9, Volume 1
What do we think of when we think of fiscal year end? Taxes! What else? That's why for businesses, year end is the perfect time to do your business planning for the following year. You're already dealing with the books so why not do some analysis and make some decisions to ensure that your
business prospers over the coming year? For some small businesses this is really difficult while for others it's a breeze. But whether you're one of those solo entrepreneurs with a glovebox full of receipts that haven't even been entered yet or a small
Planning is vital if you want a healthy, growing business. Business planning lets you take stock of what worked and what didn't work, and helps you set new directions or adjust old goals.
business person who has a bookkeeper on your payroll, you have to get this step done before you can do anything else. You know the cliché; businesses that fail to plan plan to fail. We all know how important business planning is, but it's easy to
put off in the press of daily events.
Set next year's goals.
Prepare an action plan or plans.
Start implementing your action plans.