 We often focus at the end of the year on our review of the year that has gone, and consider plans for the New Year and then set goals based on what has been identified. The end of the financial year is also a good time to stop and review. It is worth investing some time reviewing whether you are meeting your planned objectives and goals to date. You don't want to waste the next 6 months just because you could not spare a couple of hours mid year. Therefore take some time to check year-to-date highs, lows, the planned, the unexpected, the wins and the losses. Potential Assessment Questions. Perhaps the following questions may help with some of the assessment: Are we meeting budget? If yes, why, if no, why not? What have been our highs? What should we do more of to ensure we have more highs in the second half of the year? What have been our lows? What can we do to change this? How is our customer feedback process? Is it working for us? Is it working for our customers? When we get feedback where we know we need to make some changes, do we make the relevant changes? What staffing challenges have occurred so far? How did we handle them? Are we engaging our staff? What can we do to engage them more? What are our plans for the next 6 months? Are our staff aware of our plans? If yes, great, if no what are we going to do to ensure we are all working towards the same goal? Don't feel overwhelmed The questions can go on and on don't feel overwhelmed, just take some time to review you don't want to waste the next six months. Speak to Your Accountant Even if the focus is specifically financial, remember it is important to speak to your accountant prior to the end of the financial year so any potential tax savings can be implemented. Don't miss out on some great tax savings just because you could not spare a couple of hours for a meeting. Article Source The tax year may be coming to an end very soon, but at J R Accounting, we can help you:
Give us a call on 01322 219 121 and speak to our friendly accountants in Dartford. We offer the following accountancy services in Bexley and around Kent
Bookkeeping | Management Accounts | VAT Returns | Corporation Tax | Payroll / PAYE Services | Construction Industry Scheme | Company Formation Process | Self-Assessment Tax Returns Visit our Accounting Services page Comments are closed.
|
