2014 is quickly coming to a close, and you and your business might be winding down for the year. Before you do, though, there are a few things you must tackle before 2015 comes calling.
First, you should tie up any loose ends in accounting. You’ll need the most accurate possible financial statements both for tax purposes and to review your company’s performance. Speaking of which, this should be the next step you take after your financials are completed. Look over your revenue and find out how did in reaching your goals for the year. Did you reach them all? If not, what needs to change so you can reach them in 2015? The end of the year is also an excellent time to review critical relationships with vendors, partners, and customers. Are these relationships mutually beneficial? If not, how can they be changed? The end of the year is also the time for reviewing employee performance, and this should include yourself. How can you and your team take your business to the next level? By completing all of these tasks, you’ll be setting yourself up for even greater success in 2015.
Read the full article: 5 Pieces of Your Business to Review Before the New Year
