The start of a brand new year is a great time to sharpen your business money tactics and chuck whatever is clearly not working. First off, it’s important to review the last year with a critical eye as to what clicked and what must go. If an accountant, for example, is not doing good work, it’s time to let him, or her go.
To keep more of your money in 2018, as well as pull more in and in a more consistent manner, make keeping abreast of the tax changes a habit, and also try where possible to convert credit payers to cash payers.
- A new year is a good time to review sales and revenue strategies with a ruthless eye towards weeding out what is not working, even if its your accountant.
- Make a time commitment to stay abreast of all the new tax regulations that might specifically impact your business.
- Try, where doable, to shift credit users towards cash payments, both to simplify sales and to expedite revenue growth.
“Setting a goal yearly will show how your business has changed and motivate you to strive forward.”