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Happy New Financial Year

  Apr 13, 2023

Happy New Financial Year

Now is the ideal time to reflect on the year and plan for a smarter, better future. It can be hard to find time to work on the business and not just in it, so book out a day, turn off the phone and set your new financial year off the right way. 1. Get a snapshot of your business Write down all your assets and debts and take stock of where the business sits currently. Did you put away enough tax this year? What were your greatest expenses? What is the culture like in your team? If you struggle with cashflow, now is the time to get it sorted.  2. Revisit your business plan If you smashed your goals, it's time to aim higher. If you haven't got a business plan yet, make that a financial new year resolution. Having actionable goals and a clear vision can make all the difference in knowing how to tackle decisions this year.  3. Set a budget and stick to it Go through last year’s budget line by line and looking at the 7 ways to grow your business for the current year. Once you have a budget in place, lock it in and re-forecast each month based on current market conditions. 4. Ditch the paperwork Take advantage of technology. Software like Xero, Tradify, Hubdoc and Figured can help give you back your evenings, as well as ensuring you’re up to date with records from day one. Join one of our software training sessions for expert help in these apps.  5. Set new year's resolutions Set practical financial goals for yourself. Whether it be saving a certain dollar amount for the future or paying down debt, have goals and then reward yourself when they are met. 

6. Book a free business review
If you want to achieve more in the new financial year speak to us today. Our major focus is identifying opportunities in your business so you can make more money, pay less tax and streamline your business processes to help you get ahead faster. Better yet, we will review your current situation at no cost. Whether you’re a client or thinking of making the change, our complimentary business review is an opportunity for us to check in with you. The meeting gives you the opportunity to discuss the following with a senior team member. 
1. Your goals for your business and how you plan to achieve them.
2. How your business goals tie in with your personal and lifestyle goals.
3. Issues and challenges you are facing in your business e.g. growth, profitability, cashflow, a planned exit or sale of your business. 
4. How you can work with us to address these issues and plans.

Ready to get started? Click here to schedule a meeting

Note: We only allow one complimentary review per 12 months, additional review meetings can be scheduled but these meetings will be charged.

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