If you're looking to gain deeper insights into your business without the need for a monthly commitment, there are still plenty of options available to you. One effective approach is to have a minimum of three strategic annual meetings. Here's what that could look like:
1. Pre-Year End Tax Review
Before the year ends, it’s crucial to maximise all potential tax benefits. This meeting allows you to plan and take advantage of tax-saving opportunities, ensuring you don’t end up with an unexpected Corporation Tax bill. It’s about being proactive rather than reactive with your tax planning.
2. Annual Accounts Review
Your annual accounts aren’t just numbers—they tell a powerful story about your business. In this meeting, you’ll review these reports, complete your Corporation Tax and Annual Accounts, and discuss potential improvements in Profit and Cash flow. This is also an excellent time to address any challenges or issues you’re facing in your business and explore what your value gap might be.
3. Business Plan
Forget the lengthy 12-page business plans. This meeting is all about setting clear, actionable goals for the next 12 months. You'll discuss both personal and business objectives, agree on an action plan, and identify strategies to achieve these goals. Additionally, you'll set gross revenue targets and key performance indicators (KPIs) to track your progress.
By focusing on these three annual meetings, you can stay on top of your business’s financial health, plan for the future, and make informed decisions without the need for a monthly subscription. These meetings provide the structure and support you need to understand and grow your business effectively.
Comments