Blog

New year, new start! At Talo love the prospect of a new year… there are so many great opportunities ahead and along with them a good challenge or two! It’s the perfect time to set new goals. Of course, it’s great to look at setting goals and revisiting them regularly! Here are a few to keep in mind and look at adding to your companies’ goals. 

Reviewing the financial health of your business is an important step in knowing where to take your business. If the numbers aren’t quite doing what you thought they should, it’s time to talk to a business advisor (like Talo) who can help you navigate your numbers. We believe that ‘unless you understand your business, it cannot thrive’. 

Usually in your business, you are so busy with day-to-day tasks that this is one that can fall by the wayside. The new year is a great time to review them. Update your plan and get specific about what you want to achieve and why.

Compliance. It’s the last thing you feel like doing! We get it. But being organised and having accountants and bookkeepers that are proactive on behalf of your business - that can make such a difference in your comfort levels. As a business owner, doesn’t a “little less stressed” sound amazing? 

Running your own business means that you need to wear many hats. It might be that your hats need updating. The beginning of the year (while other companies are waking up) is a great time to get a few new skills and short courses under your belt. 

Here are a few ways you can up-skill yourself: 

-Work towards a certain qualification or accreditation within your industry.

-Attend a seminar or conference to keep up-to-date with your customer needs, suppliers and other industry information.

-Learn new ways to market your business that you haven’t used before. 

-Learn more about the financial side of your business, including bookkeeping, accounting, cashflow and strategy (our favourite part!)

-Think about which skills could take you further in your business.

It’s there isn’t it? As soon as you read that sentence you felt that niggling feeling in your chest… wouldn’t it be great to never think about it again? Often these small things take up precious space in our consciousness that can be used for something else. Just get up and go make time to do it now. You will feel so good when it is over and done!

We truly hope that this short article helps you to focus your goals and objectives for 2020! If you feel that your business needs accounting, bookkeeping or other financial help to get it healthy and on track, get in touch with our firm so that we can assist in making your business run smoother. 

Sending happy and prosperous thoughts,