🎊 Happy New Year 🎊
As you kick off the new year, consider choosing one key tactic to strengthen your business. Each one is a quick read. Choose the one that fits your biggest need right now, then commit to putting it in place and following through. If you want a sounding board or help getting it implemented, we can help.
This month’s newsletter brings together all of last month’s tactics in one place.
In this month’s edition, we have tactics from our Manage Costs Effectively, Enjoy Reliable Numbers and Leverage Accounting Strategically playbooks. Our playbooks are designed to support our P-R-O-F-I-T approach to outsourced accounting.
Plan, Budget, Track, Adjust
You have heard the phrase plan the work and work the plan. Do you have a financial plan? Create a budget, stay accountable, and understand why you are on or off target.
See Cash Gaps Before They Hit
Create a 13-week cash forecast to bring peace of mind. It helps you see what's coming, avoid surprise curve balls, and reduce the stress of not knowing if you'll have enough cash.
Build Repeatable Processes
Every business has its “tracker” spreadsheets. Explore ways to automate those manual trackers. Learn cloud connectors like Make, n8n, or Zapier to save time and reduce errors.
Reverse-Engineer Your Targets
Don’t just look at where you are. Start with your goal and work backward. Reverse-engineering your target helps identify the key numbers you need to hit to get there.
Make Accounting a Team Sport
Accounting doesn’t operate in a vacuum. It depends on input from teams like sales, operations, and HR. Explain what accounting needs, such as approvals, documentation, or context, to build a smoother, more collaborative process.
That’s it for this month.
Short and sweet.⚡🎯
Just quick tips and tactics that help you build a stronger business.
Learn more about Basis 365 Accounting and our tactical playbooks developed from our P-R-O-F-I-T approach™.