24.06.20

Guest articles – a series: End of financial year for small business

Sometimes I write for other blogs on a range of small business-related topics which you may not have read. I thought it was worthwhile to share a collection of them here which might be of interest. With the end of financial year approaching, the first collection of articles are around EOFY, your business and yourself, the business owner.

Marking another year in business is a good thing, but take it further by making some New Financial Year resolutions.

How fantastic is it that as small-business owners we can have two New Year celebrations every year, with the end of the financial year being one of my favourite times — not only because it is my business birthday (I started my business on 1 July 1999), but also because it is a celebration of another year of just being in business.

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Whether you’ve had a bumper year or a bummer year there are still things you can do to improve and prepare yourself for the best year ever!

End of Financial Year is a great opportunity to take a moment to reflect on how the year has gone and to make some New Financial Year Resolutions to get your business house in order and make next year even better.

Here are some of my tips for business New Financial Year resolutions.

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The great thing about the end of financial year is that you get to start over – so even if this year wasn’t the best you have a chance of re-invention.

So, what are the ten things you can do to set yourself up for success in the new year?

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Ideally, you should hold your business performance review at least on an annual basis but some businesses benefit from more regular reviews quarterly, monthly or even weekly. The EOFY is the perfect time.

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Christmas is the biggest time of year for retailers, but it always sneaks up on us. This year, flip the script and prepare for Christmas, in July.

Almost everybody is buying something from retailers at Christmas time, but the challenge for retailers is to get them to buy something from you.

Believe it or not you don’t have to start preparing for the Christmas rush on 1 December, but you can take some time now to make sure this is the biggest year yet!

Time to put on your Santa hat and lay the groundwork to make sure customers are coming to your store when the jingle bells start ringing.

Here are five things you can do right now.

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Keep an eye out for coming posts which will include themed articles such as Spring clean your business, communication, suppliers, networking, events, PR and more.

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