As we get closer to 2023, there’s one thing on everyone’s minds: how is next year going to go? While the market can change week to week, being prepared remains as important as ever. In our last blog, we spoke about the importance of financial reporting and why this is key for future business planning. A plan, together with tight accountability = maximum chance of success. So what systems do you have in place to keep you accountable and make sure you actually tick those business goals off.
Business owners share with us that their roles can sometimes feel equal amounts lonely and overwhelming – we get it! In reviewing your performance on a weekly, monthly or even quarterly basis, so long as it’s regular, you’ll see an immediate difference and improvement in cashflow and overall performance. So why not do yourself a favour and give yourself the accountability and support you need?
Not sure where to start? Our suggestion is get someone on board to assist you – whether that be working with you on your financial reporting or simply checking in to see how you’re going in sticking to your budget.
There are a range of benefits to working with someone on your reporting and business planning, particularly if you choose to work with an independent coach, accountant or otherwise. Clients who do this monthly see these benefits twofold, and a drastic rise in confidence.
With increased interest rates, it’s now more important than ever to have an accountability plan in place, and having your significant other hold you accountable simply won’t cut it anymore (sorry). Come visit PKF Kendons for a Business Planning Session and we’ll help get you on track, and make sure you stay there – because your success is what keeps us going. Get in touch on 04 566 4399 to find out how we can help.