5 ways to get your business ready for the new year

Post on 15-Apr-2017

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Get your business ready for the new year5 things you need to do

There’s no better way to start the New Year than being organized and freshPreparing your business for the New Year will help you to make all the end-of-year business decisions.

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5 things to doCheck out these

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before the end of the year

Evaluate your financial status

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1

Evaluating your business financial status is so important

You can’t make any future decisions unless you know where are you standing. Check how your business was during during the current year and how much income and expenses you made.

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Get paid for outstanding invoices

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2

Try to close all your outstanding invoices.Send those outstanding invoices to your clients and encourage them to pay you before the year ends. This will make your business evaluation more accurate, however if you want to defer income for the next year for Tax purpose, you can get your invoices ready but don’t send them till the Jan 2016.

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Evaluate your services

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3

Evaluate your services and check what worked the best for you

If you have an inactive service, stop offering it and try to focus on adapting new ideas that enhance your winner service. Focus on what’s working and close what’s not.

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Give your business a new fresh look

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4

Start the New Year with fresh and new online lookUpdate your website and your social media profiles.

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Do some tax work

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5

It will be useful if you can do some tax workReview your financial data with your accountant before the year ends so you can follow up with any advices for the New Year.

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For more marketing tips visit:www.businessglory.com

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