Don’t let the holidays put you off from what you can do today. Here’s a great approach to help plan your business goals now for 2015:
Cash flows: Review your current cash flows and project where you see yourself in three to six months. Working with clients, we plan three-month blocks to keep them in touch with daily/monthly business fluctuations.
Seasonality: Understand the nature of your business. Look at how demand/cash flows varied over the last year, and think how this seasonality will play out in 2015. Project your sales and cash flows accordingly
Timeout: When you plan your cash flow, map out your “time out”. You’re critical to your business, so it’s important you look after you. By planning ahead and building in downtime, you’ll be able to afford a break knowing your cash flows are manageable.
Goals: Set your goals and business strategies to support your cash flow.
Existing/New customers: Plan strategies to retain existing customers and devise new ways to get them to spend more with you. Plan and implement steps to introduce new business clients. Focus on your “competitive niche”. Ask why someone wants to buy your products? How can you best communicate with them?
Pablo Picasso said: