Planning for an Awesome 2013For business with fiscal years that coincide with the calendar year, the slate of revenues and expenses will be wiped clean on New Year’s Day. Starting with a clean slate gives us a chance to reflect on our 2012 results before we enter 2013 and experience the hope that comes with a new year.
Hindsight is always valuable, and we can learn important lessons from our past mistakes that we can now more objectively look back on. We can take those lessons and incorporate them into our plans for the new year so that we can continue to learn, grow, and prosper.
To create your plans for an awesome 2013, here is a list of questions and documents to consider in your business.
Revenue Plan
We can make budgeting more fun by looking at the revenue side first.
A revenue plan is useful because it can feed into your annual budget as well as drive your marketing plans.
Staffing PlanÂ
Business is more fun when you have the right team to support your vision.
Master Budget
Your revenue plan and staffing plan can feed into your master budget, which can be loaded into your accounting system. Tracking actuals against plan and prior year numbers will help you determine how you’re staying on track throughout the year.
Special Projects Plan
What special projects should you consider for 2013? This might include a move, new fixed assets, or replacing systems and processes that you are outgrowing.
Disaster Recovery Plan
Each year, we watch the news and see people and businesses that were affected by extreme weather events, fires, theft, or other disaster. Are you protected?
Planning helps you become more successful, and it reduces the risks of doing business. There are many more types of plans, and it’s up to you to decide which ones will benefit your business. If we can help out in any way. please reach out and give us a call. |