While it’s still officially summer, we’re closing in on the end of a quarter. Whether you’re at the half-way mark or looking towards the end of year, it’s a great time to review and see if any adjustments are needed. Here are some items for your review checklist.
Finances
- Reconcile all of your accounts, so you have the most up to date figures.
- See how your actual income and expenses compare to what you forecast, and make adjustments to your next forecast if needed.
- Check your inventory (if that’s applicable), so you can include any necessary purchases.
- Most businesses will have key performance indicators (KPIs) linked to finances, so have a look at those to see where you want to focus in the coming months.
- Particularly, if you’re going in to your fourth quarter, you might want to recheck your tax estimates. Consider the impact of things like buying new equipment before the end of the year.
Annual Goals
- See if you’re on track to meet the goals you set at the beginning of the year. What, if anything, do you need to do differently?
- Review progress on key initiatives, reprioritize if circumstances have changed, and determine if you need to add resources to get projects finished.
Marketing
- Review your website and make sure it’s been updated or refreshed.
- Check your search ranking for relevant key words and call us if you’re not at the top.
- Start planning your late fall, Christmas, and even new year marketing and advertising campaigns. (We can help with that too!)
- Check all of your social media pages to make sure they’re current and that no one is waiting for a response from you.
You’ll likely want to add a few things to your list, but this will get you started.
