End of Financial Year Resolutions

Mar 5, 2016 | Individual Tax Returns, Personal Wealth

Here are some quick tips for you to consider after you reach 30 June , when you have time to breath and consider how your business is going:

1) Do a financial health check of your business (balance sheet review)
2) Revisit your strategic plan
3) Draw up a budget for the new financial year
4) Prepare a cashflow forecast
5) Review your business profitability (profit and loss review)
6) Ensure you have finance options available to you if required
7) Revisit your marketing plan
8) Review your risk management strategies

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