How is your business performing this financial year?
End of the financial year is an important and busy time for small business owners – completing bookkeeping, tax returns and beginning to plan for the new financial year.
Putting the hard work in at the end of each financial year can help you get your business organised and ready to work smarter (not harder) in the year ahead!
As a Business owner, it’s essential that you analyse your performance. Asking yourself some key questions will identify changes that can be made in the new financial year to increase your business productivity, performance and importantly – profits!
- How is my business performing compared to last financial year?
- Have you set targets of what you want to achieve from your business?
- What do you hope to achieve for the rest of the financial year?
- If your business has grown considerably, are you in the right business structure?
- Do you know what this means for your tax position and are you up to date with your lodgements?
If you’d like guidance with your business plans or have queries about the above key questions we suggest you make an appointment with your Highview Accountant.
“Plan your work and work your plan.”
Cranbourne: 5990 1000
Mornington: 5911 2100
Prahran: 5929 1566