We call it the ‘Success Trifector’: planning, forecasting and accountability. At Kendons, we’ve noticed a pattern amongst our most successful clients—those who are willing to prepare and put in the work always come out on top. We want you to succeed as much as you do, so we’ve gathered some helpful tips that will get you where you want to be.

Set a plan each year

Planning is the key to success. Although any time is a good time to develop a Business Plan, it is particularly relevant at the start of a new financial year and crucial if you are starting a new venture. If you are looking to increase your business’ level of growth, profitability and cash flow, then a Business Plan will act as a roadmap to ensure you are on course for success. At Kendons, we want to join you on this journey. Our Business Planning sessions involve reviewing your past performance, clarifying future direction, setting solid business goals and defining strategies for achievement. Together, we will create a one-page plan that will see you unlock your business potential.

Implement a Cashflow Forecast

To reach success, your business needs to not only survive but grow. A Cashflow Forecast created for you by Kendons will enable regular monitoring of your actual cashflow, predict large cash outflows, and respond to any changes in your business. With this, an understanding of cash and liquidity becomes essential for better decision making in all areas. Once the Cashflow Forecast has been completed, it will then be loaded into your accounting or reporting software to keep you on track. Kendons are here to help you look ahead with confidence and maximise your cashflow—it’s core to our purpose as your accountants.

Get accountable with Quarterly Accountability meetings from Kendons

We appreciate that owning your own business is hard work, so we’re able to provide you with accountability and support to ensure your success. Our Quarterly Accountability programme consists of meetings with one of our senior team members, as well as phone and email support. The purpose of each meeting is to review your actual results, clarify areas where you can improve your business performance, set goals and identify strategies to achieve them. As a result of each meeting, a 90 Day Action Plan with timelines will be created to keep you on track to achieve your annual Business Plan that we previously developed. With Kendons’ expertise and resources, you will have the confidence to implement best business practice to set you up for success.

By planning, forecasting and being held accountable, your business is on the right track to achieving its goals. Contact Kendons to discuss how we can help you discover the ‘success trifector’.

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