Start Off Your New Year with a Business Check-Up
The beginning of a new year is a great time to give your business its annual “Check Up.” With a simple overview of key business areas, you will set your business up for greater success in the new year. Here are several areas to start with: Financial Health: You will soon be gathering up and submitting financial document to your accountant, to get taxes done. As part of this process, clean up and balance your bookkeeping with bank statements. This is a good time to check your level of expenses and review sales and profit margins. Look for problem areas where costs grew too high over the past year. Find any parts of your business that have risen in profitability and offer new growth opportunities. These will require greater future resources. Business…