EOFY = Strategy Review By Mark Holton from Smithink on Jun 7, 2018
It’s understandable that many businesses are focused on the numbers at this time of year, which is great for Accounting Practices.
But it’s important for all businesses to hit the new financial year with a plan – a strategy for growth and success not only for the next financial year but into the future. This is what separates an Accountant from a Business Advisor…
- Do your clients have a plan for continual growth?
- Have they shared with you or worked with you on the business’s goals and a strategy for how they plan to achieve them within a certain timeframe?
- Have they taken the time to understand what their customers like and don’t like about the business at this point in time, because without customer satisfaction they won’t achieve growth?
Using the support and feedback of customers, partners and employees about how to improve the current offering can help develop solutions and services for the new financial year.
A lot of businesses roll into each new financial year without introspection, often repeating errors. Through careful planning and management, businesses can dramatically improve their performance.
By coming along to the upcoming Global Business Camp and bringing some clients with you, you can spend three days working with them to understand their business more. You will use the strategies and tools provided at the Camp to help set your clients up for future growth and success (and perhaps learn a few things that will grow your business too!) whilst becoming an indispensable advisor in their business.