New Year Archives - Number Nerd Bookkeeping Solutions

You know you need to close out your books and get prepped for Quarter 1 so you start out your year the right way. But as a business, there’s a lot more that goes into making next year a success.

It’s called goal-setting, tying up loose ends and making plans for the new year.

It may have sounded like I discounted goal-setting before, but that’s not the case at all. In fact, I know that setting goals is a very powerful way to grow as a business owner and as a business.

If you’re ready to close out 2017 on a high note and start 2018 strong, here’s what I recommend:

Tie up any loose ends

There’s nothing worse than having a project hanging over my head at the end of the year, staring at me as we start the new year. I know it’s inevitable sometimes, but do your best to tie up any loose ends before Jan. 1 rolls around. Maybe that’s finishing up a project or sending a final invoice. Maybe it’s even receiving payment for a project. Whatever you haven’t closed out, see what you can do to finish it up.

Take a look at your financials

Of course I’m going to go there. It’s impossible to start next year on the right foot without first taking a look at your numbers. You need to know what revenue streams are doing well, which aren’t and what your profit margin is for each stream. This will help you determine what to continue selling next year and what to revisit.

Take a close look at your financials before you set your goals for next year. Click To Tweet

Knowing what your financial health looks like can help you set goals around investments you want to make next year. Have a big conference you’d like to attend? Set a sales goal so you can pay cash. Want to hire team members to take over some of your admin work? Have a monthly income goal first, so you know you can afford to pay someone.

Set solid goals for the new year

Goals go beyond sales and income. Set other goals, too–for your business and in your personal life. Having measurable, realistic goals will give you somewhere to aim in all aspects of life. Maybe you want to gain visibility in your business. What does that look like? Being on podcasts? Starting a YouTube channel? Maybe you want to spend more time with your family. Does that mean you need to outsource in your business? Stop providing 1:1 services? Think about each goal and how you can measure it to ensure you’re consistently working toward them.

Having measurable, realistic goals will give you somewhere to aim in all aspects of life. Click To Tweet

Invest in some accountability

I’ve worked with mentors, coaches and accountability buddies. Candidly, it doesn’t matter whether it’s a paid group or some business friends who call you out. If you tell someone else your goals, you’re much more likely to actually meet them. Find an accountability buddy or group that’s at the same place in your business that you are. If you prefer 1:1 help, interview several mentors or coaches before deciding who you’ll hire.

If you’re not 100% happy with the way 2017 is finishing up, it’s time to do something about it. Do the work you need to do–now–so you can have a successful 2018.

Hello 2016 | Number Nerd Bookkeeping Solutions Amidst a flurry of posts about year-end reflections, holiday hacks and new year’s resolutions, I thought I’d christen the Number Nerds blog with something a little different.

Because you’re already thinking about all the things you’d like to focus on in 2016, the good habits you’ll develop and foods you’ll avoid. You certainly don’t need me adding to your overwhelm with a Year End Bookkeeping Checklist or How to Better Manage Your Finances in 2016 blog post. Obviously others have got this covered.

Instead, I want to suggest an alternative resolution.

A resolution to relax. To enjoy the time you have with your loved ones this holiday season. To approach the new year with a sense of peace that you are, in fact, enough.

Where is this coming from? Truthfully, I learned a lesson this year. Courtesy of Ash Ambirge, a woman who knows she is enough and isn’t afraid to tell those pushing self improvement products where to shove it.

The lesson was this: I don’t have to be good at everything. And if I tried to be, I would be doing my already awesome self a disservice.

Because becoming a Jill-of-all trades is code for “I’m not great at anything so I’m going to settle for being mediocre at everything.” And frankly, I’m reeeeeally great with numbers. Like, really.

So here is my holiday challenge for you. My new year’s recommendation, if you will.

Don’t tell yourself you’ll use those “vacation” days this holiday season to balance your books, sort your receipts, or prep your taxes.

Commit that precious time to something you enjoy. Then, when the new year comes, give me a call. Because numbers don’t stress me out. Managing finances is my middle name.

Actually it’s Ann, but that’s the sort of thing you can find on my About Me page.

Now, if you’re a planner — the type who uses coupons before they expire and cooks all your meals on Sunday — drop me a line or read about my services. We’ll arrange a consultation so you can rest easy this holiday season.

Good-bye 2017 and Hello 2018!