December 8, 2016
Your business new years’ resolutions; pick one, pick them all.
- Clean up your books and do, at a minimum, quarterly statements. It’s not that hard and gives you guidance for the next quarter. And, you will be able to sell you business efficiently when the time comes.
- Review your list of employees. Do you need them? Get rid of the toxic ones and invest in building up the ones who bring value to your business.
- Are you retailing? Get on-line in some way. Everyone can sell on Amazon. Get a social media presence. I use Hootsuite, and it isn’t as time-consuming as you would think. Every tweet and post increase the likelihood of search engines to notice you.
- Update all the pages on your website.
- Get in touch with your lawyer and get your business cleaned up from a legal perspective. Don’t have one? Call us.
- Open an account for your estimated tax bill at the end of the year and automatically transfer funds at the percentage you anticipate.
- Delete personal social media feeds on your business computers. You can’t always control your employees, but you can control yourself. It’s a distraction that takes away from your productivity.
- Take your accountant for lunch and get their perspective on how to improve your business.
- Get a strategic wealth plan. Call us for a referral.
- Endeavor to restructure your business in the most tax-efficient way possible. You might need to spend a bit to do this, but oh so worth it.
- Your employees and customers are more engaged if they are entertained. Find three ways to inject some fun into your business. Make it an experience.
Happy New Year!