It’s time to celebrate the end of financial year. What are your plans? Seriously, is there a better feeling when you’re in business than knowing you’ve made a living from doing what you love? I think not. Especially this financial year.
The end of the financial year is a great time to get up close with that wonderful feeling. It’s the time when all the numbers have come in. All the ins and outs for the year. You have all the information you need at your fingertips.
As well as your bottom line profit, that information also includes:
- Your income
- Where that income came from
- Which services were most profitable
- Your expenditure
- Spending habits
- Evidence of return on investment
But it’s not just about facts and figures. Knowing what you know now, you can then turn to how you’re feeling. Here are three questions to consider before making plans for the next financial year.
- What did you love doing in the past 12 months?
- Were you fairly compensated for what you did?
- What will you happily never do again?
When you add up all the information from the facts, figures and feelings, you are ready to look ahead to the next financial year and make some big bold plans. What will you strive for this coming year?
You might like to take inspiration from the milestones some of my clients are working towards, which include:
- Doubling their income
- Raising their rates
- Reducing expenditure
- Refocusing their services
- Pivoting to a new target market
- Launching their website
- 50% growth
- Reducing work hours to spend more time with family
- A regular commitment to a favourite charity
You’ll see that some are financial goals and others are goals of the heart. When you’re the boss, the decision maker, in your own business, you get to build a business that supports you both financially and personally.
You know what feels great? Coming to the end of the financial year and knowing that yes, there is lots to celebrate. That’s my wish for you.
So what are your plans to celebrate the end of the financial year?