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How Committed Are You to Year-End Business Planning?

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How Committed Are You to Year-End Business Planning?

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Michael_MenereyWith everything a business owner has to do on a daily basis, it can be hard to find time for strategic and business planning. And yet with 2014 drawing to a close, now is the perfect time to do just that.

Michael Menerey (pictured here), a colleague of mine who's also a partner at CFO Edge, recently posted an interesting article that I encourage you to read. In "Now is the Time for Year-End Business Planning," he offers up a list of 10 items you should tackle before Jan. 1. Recommendations cover employee incentives, accounting closings, tax planning, forecasting and budgeting, and more.

As Michael writes, "Proper year-end planning will help support sound decision-making in 2015, which will lead to improved operations, increased cash flow and higher profits." I couldn't agree more.

Check out "Now is the Time for Year-End Business Planning" now.

Mark Wald, BA, is managing director of the Supporting Strategies office in Santa Monica, Calif.

Mark Wald

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Mark Wald

Mark Wald, Managing Director, Supporting Strategies | Santa Monica, LA, and Ventura County, provides bookkeeping and controller services to growing businesses.

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