As a business owner – you have an obligation – part of that obligation is understanding what your numbers tell you. You need to understand cash flow to pay your suppliers and the ATO. Ignorance is not an excuse. I know what you are thinking….it is that harsh Stacey again throwing around her comments about numbers and ATO – blah blah blah. Well yes – it is me. As soon… Read more
In my case, I embrace 30 June as it means the new financial year is starting. This means time to reflect on my business, and my clients businesses over the past 12 months and make sure those plans we have made are implemented to ensure the new financial year kicks off with a BANG.
Having financial goals and budgets in place are imperative to hit the ground running and achieving success.
Here are my 8 essential business planning tips that you should think about before putting any of your hard earned cash into any business idea.
Don’t lose focus of the reasons you started your business. Whatever that is should be your “important” and should never become your “urgent”.
I had plans for the first week to really work on my work/life balance and was off to a great start. But life is what happens when you’re busy making plans!