From our blog
Christmas- a period of relaxation, rest and relatives. Unless you own a Small Business of course!
By finalising your account reconciliations early, you can prepare your YTD results- use your half yearly P & L to see what area’s need improvement and set your 2018 targets. While you can spend considerable time breaking down costs and income projections, look closely at other aspects of your business as well- client retention, turnover, new client leads, staff numbers and different methods of marketing. Write down some SMART (Specific, Measurable, Achievable, Relevant and Trackable) goals- where can the second half of the year take you?
Another important, and often underappreciated action, is to back up all IT data. With the Summer storms approaching, backing up to a different kind of cloud is highly recommended and will save you many headaches should unexpected events arise.
And lastly, have a break (for those in Retail, after the rush dies down)! You can’t buy good health.