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What are your business goals for the year ahead? A blog from Johnsons MME, Accountants and Advisors, Albury Wodonga, Wangaratta

What are your business goals for the year ahead?

The beginning of a new financial year is an excellent time to review last year and reflect on what worked, what didn’t, what you’d like to change and new things you wish to implement.

Take the time to review the year and acknowledge all that has happened, good, bad or indifferent. Examining the year with an objective perspective can provide valuable insights to prepare for the coming business year.

Planning and goal setting will help provide a focus for your business efforts.

Your Yearly Business Review
  • What were the most significant impacts on your business in the last 12 months? How well did you meet the challenges?
  • What worked well last year? What systems, technology, products or services were successful?
  • What accomplishments can you celebrate?
  • What situation, event or experience provided the biggest learning opportunity?
  • What is the biggest challenge or frustration you face as you prepare for the year ahead?
  • What did you most enjoy during the year? Do more of it. What did you least enjoy? Do less of it!
  • Analyse your financial reports. Are you earning what you’d like to? Is the business sustainably profitable?
Get Ready for a Great Year

There are many ways to track performance and set your business up for success. These prompts are just a starting point to help you evaluate where you are now, and where you want to be.

If you’d like to explore your goals for the year ahead and how you can move your business forward with clarity, structure, and support, our advisory team is here to help.

Contact Johnsons MME to start a conversation about your business strategy for the year ahead.

 

Will Shannon

Will Shannon

Business & Taxation Services