As we enter the last quarter of 2021 (time flies so fast!), we are getting ready to close out the year. The holiday season is coming up and that usually leaves less time to focus on closing the current calendar year and plan for next year. Don’t wait until you’re on your 3rd day of eating turkey and stuffing 🍗 to think about your near-future goals for your business; those delicious, but heavy meals really do a number on our energy levels. So, now is the perfect opportunity to review the last 3 quarters and begin to set goals for next year. Just to give you an idea of how we’re executing on this idea, we are beginning the process of reviewing our internal processes and procedures and streamlining areas where we could make improvements. Doing so at the end of the year will allow us to be prepared for the upcoming tax season, which means we will be able to better serve you, our amazing clients. Here are some tips on how you can tackle these daunting tasks:
Set time aside for planning and goal setting. Give yourself a break from the daily grind and allow yourself to have focus time to think about where you would like to lead your business in the coming months.
Set SMART goals. Make sure your goals are Specific, Measurable, Achievable, Relevant and Time-Based (Deadline). Think about goals you’ve been meaning to get to and choose the ones you feel you can achieve within this quarter or the beginning of next quarter. List steps and set deadlines to keep you on track. Breakout the items into small actionable steps. Remember that “A journey of a thousand miles begins with a single step.” -Lao Tzu
Review your financials before the year is over. Knowing where your business stands now will give you ideas about how to get to where you want to go. Consider Profit First Cash Flow Consulting to improve your bottom line and reach your financial goals. Click here to learn more.
We wish you a stress-free 4th quarter and happy planning!