As we approach the end of the financial year, it’s important to take a step back and prepare for the year ahead. With some careful planning and strategic action, you can ensure your business is in the best position for success.
Start by reflecting on all you have achieved and celebrating your wins - big or small, they all contribute to your journey. Then, identify areas for improvement to strengthen your business moving forward. With a clear plan in place, you’ll be ready to hit the ground running in FY26.
Here’s a practical guide to help you get started.
1. Business Planning: Set Clear Goals and Take Action
Your business plan shouldn’t be a dusty document filed away somewhere. It should be a working tool that guides you to where you want your business to go.
- Set your goals for the year. What do you want to achieve? Whether it’s increasing revenue, improving customer retention, or launching new products, getting clear on your objectives is key.
- Focus on the next 90 days. Big goals can feel overwhelming, so break them down into smaller, actionable steps. What can you tackle in the short term to make progress?
- Quarterly reviews are your friend. Every few months, take a step back, assess what’s working, and tweak what’s not. It’s better to adjust along the way than to wait until the end of the year.
Having a clear, actionable plan is the first step to getting ahead — and the best part? It’s flexible! No need for rigid rules; you can adjust as you go. To keep you on track, we offer Quarterly Business Coaching, providing ongoing support, accountability, and a trusted sounding board to help refine your strategy as your business evolves.
2. Budgeting: Know Your Numbers and Make Smart Decisions
A budget is more than just a spreadsheet, it’s a roadmap for your business. With the right budget, you can make smart choices, manage your cash flow, and stay on track to hit your goals.
- Start by setting a profit target. How much profit do you want by the end of the year? Once you have a target, work backward to determine what sales you need to generate to get there.
- Review your pricing. Are your prices where they should be to cover your costs and make a profit? If not, it might be time for a pricing review. You might also consider negotiating better deals with suppliers.
- Trim unnecessary costs. Take a look at your business expenses and identify areas where you can cut back. It’s not about being frugal for the sake of it, but rather ensuring every dollar spent adds value to your business.
A solid budget gives you control and the confidence to make informed decisions all year long, knowing you're on track to meet your financial goals. To help you get started, take advantage of our free Cash Flow & Profit Improvement session. We’ll dive into the details, pinpoint areas for improvement, and set you up with a strategy for growth. Book here.
3. Bookkeeping: Stay Organised and Focus on What Matters
Effective bookkeeping is about understanding where your money is coming from and where it’s going. But let’s be honest - it can be a real headache if it’s not your area of expertise.
- If you’re struggling with bookkeeping, now’s the time to reach out to us. We have a network of amazing bookkeepers we can put you in touch with to make sure your financial records are accurate, up to date, and tax-compliant.
- Having a bookkeeper means you can focus on what you do best — running your business — while we handle the numbers.
Having your financials organised gives you peace of mind, and more importantly, the clarity to make better decisions. While we provide bookkeeping services, we also specialise in advisory. We don’t just organise your numbers - we help you understand them, offering tailored recommendations and data-driven insights to support your business growth.
Let’s make this year everything you envision - together.
By focusing on business planning, budgeting, and bookkeeping, you’ll be setting yourself up for success. These steps will help you stay on track, feel more organised, and make decisions that move your business forward.
If you need help with any of these areas — whether it’s fine-tuning your business plan, reviewing your budget, or better managing your cash flow — we’re here to help. Don’t hesitate to get in touch so we can work together to get your business ready for the year ahead.