Our busiest
season has passed with the self-assessment deadline and now it’s the season of
love. With love in the air, its time to make your business your valentine. Take
the time to make a plan of action for your business. What do you want to
achieve in the next 12-18 months?
Are you
looking to expand your business and grow a larger list of customers? or are you
trying to cut back on the amount of expenses your business pays out ? These are
all goals that should be in the clear to you. Write down your plan of action, top
tip, something that is written down will be more likely to be achieved than
something that you have stored in your mind.
Having it
written down and somewhere in sight will give you the reminder and motivation
to try and achieve this. Think of the strengths and weaknesses of your business.
Refresh and re-train on yourself in terms of, what are your strengths, work on
weaknesses to learn and help achieve your goals.
Loving your
business will give you opportunities to take it to the next level. However,
with opportunities you also must weigh up the risks. This is where you need a
forecast for your business, a cashflow can help make the deciding factor
whether its time to hold back and watch the spending, or if there is spare cash
around to invest back in the business.
We are at
the start of 2018. Make it a good one.
