Planning your business goals for a new financial year
How did your last year go? Was it as expected?
The answer for most of us is often no. That’s not through lack of hard work or willingness, it’s more likely something crept up without us noticing.
As SME owners we try do everything, often to the detriment of something else. There are many hours I’ve grafted over spreadsheets, accounting issues, quotes to customers or emails; missing out on family time or exercise.
This is a hazard of the job but setting goals helps with this. We often set financial goals or aim for a specific number of clients, but what about the operational goals and efficiency targets?
Setting a goal of switching off at 19.00 on weekdays forces us to focus on the tasks that are draining us of time and rest. This could be finance automation, systems improvements, email segregation, quote automation...this list goes on. But by enabling more time to do what we love, we can often yield better financial results than expected.
CRF’s financial forecasting for your SME
Our planning process isn’t just about numbers – we go one step further and ensure all businesses practices are focussed on. The most important part is appreciating that as a business owner we can’t achieve all these goals alone, we need the right help.
No longer are Financial Controllers simply number crunchers, our FCs are built in SMEs for SMEs. Understanding why we do what we do is just as important as fulfilling our promises to make your life easier and business better.