14: 12 Areas to Evaluate in Your Business At the Start of the New Year to See Your Financial Outlook

As business owners, the start of the New Year is an easy opportunity to reevaluate our businesses, reflecting back on what’s worked, what hasn’t, and what we’re focused on throughout the next 12 months. And that goes for your business finances too. In this episode, Sydney and Kristen dive into the 12 things every business owner should do at the start of the year to help understand their finances, evaluate their income and spending, and plot goals for the year ahead. These 12 focus areas will allow you to get a full understanding of your business finances and help you see what’s needed to achieve your financial goals in the New Year. 02:08 – Financial planning02:14 – Tax planning02:39 – Reflect on the previous year06:29 – Set clear goals10:29 – Review and update your business plan12:01 – Evaluate your marketing strategies14:42 – Employee review and development16:42 – Technology17:56 – Customer feedback19:44 – Risk management22:58 – Networking31:14 – Personal and professional development33:14 – Share your 2024 goals with us!📈 UNDERSTANDING YOUR PROFIT AND LOSS GUIDEGet the Profit and Loss Guide ❓TAX PLANNING QUESTIONS TO ASK YOUR ACCOUNTANTGet the Tax Planning Questions Guide 🛍 75+ TAX WRITE OFFS Get the Tax Write Offs ✅ BOOKKEEPING CHECKLISTGet the Book Keeping Checklist 💵 BOOKKEEPING AND FINANCIAL ANALYSIS SERVICES FOR BUSINESS OWNERSApply for Bookkeeping or Financial Analysis Services 👋 CONNECT WITH SYDNEY & KRISTEN Website: https://knowyourworthpgh.com/Instagram: https://www.instagram.com/knowyourworth_pgh/ YouTube: https://www.youtube.com/channel/UC3wzOVSDSC-xsmLg8JJ8MJg/