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The importance of business planning

Life by Design

Most successful people “design their life” by setting out how they want their future to be. The process of writing down your goals and business planning is positive because it provides clarity, certainty and also provides accountability for your actions. It also increases the chances of achieving your goals (by 42% apparently!).

The process of planning is easy to to do. It is also easy not to do.

You give yourself more chance of success in business and in life if you have a vision or goal for where you want to be. And then set out a plan or strategy to get there.

Fortunately business planning is an area that your accountant can help with.  Especially if you don’t know where to start.

 

Some questions to ask:

What do you want to achieve with your business?

Where are you now and where do you want to be? 

What are your short and long terms goals? 

What areas do you need support with and who can help put your goals into action?

 

Your accountant is a good place to begin with forward planning for your business because they know you and your business already.

They can help:

  • with understanding your financials and explain how small changes can make a big difference to your bottom line.
  • advise and put the right business structure and strategies in place for growth
  • articulate and document what you would like to achieve for your business, family and yourself, now and in the future.
  • hold you accountable and keep you on track.

 

A new financial year has now begun. A great time to set some goals for your business growth!

We offer one-on- one 90 day business planning meetings and group sessions to get you started or to help on your business journey.

Please email hello@mccarthy.com.au to organise a meeting or to get notified of our next group plannings session.