I love the summer for sitting back and reflecting on the year. Thinking back to the dark days of winter and forward to the joy of Christmas time. Now is the ideal time to review how your business is going and as you revive yourself through holidays and sunshine you’ll be well placed to make any changes come the autumn.
A review in July and August with your management team or on your own will help you assess whether you’re getting the best value for your hard work and check whether the business is going in the right direction for the future you have planned.
To ensure you don’t focus on the areas that you are already concerned about think across the board to see where you might make changes and improvements. Often, you will find that small tweaks can make a big difference, sometimes more significant changes will be revealed and can be planned in to avoid disruption.
Keep a note of your findings and pinpoint some small quick wins, timetable other ideas along with the business plan you have already. Be sure you are not taking your business plan off course with these ideas but if you find you need to amend your plan don’t be afraid to do so. Be consistent and true to your goals and objectives but agile with your strategies. Do not create chaos by chopping and changing constantly, but allow your strategy to evolve.
With reflection and reassessment you will grow a business which remains relevant to your customers, your team and yourself.
Get in touch with us today for more small business advice, and see how we can help your business grow. Call us on: 01273 882200.
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There’s a hidden gap in skills and knowledge between those of us who are qualified Accountants, and those who refer to themselves as Accountants. Every day we make an investment in your business to ensure you receive the quality of advice you need to protect your business.
It’s January and its ‘National Pay Your Self-Assessment
Your tax return should be safely in the HMRC net now but if you didn’t file before 12th December you will not receive a statement and payslip in the post. In any case, it’s best to brace yourself for making the payment as the statements are drip feeding very slowly through the postal system as I write.