![]() Finish the year right with these five financial must-do’s
Ensure a solid start to 2025. Key financial tasks to tick off before the break: 1. Chase outstanding invoices: The holiday season can bring unexpected costs. Pursue outstanding invoices now to ensure steady cash flow and avoid chasing payments in the New Year. 2. Pay your taxes: The silly season can be hectic! Don’t let key tax dates slip:
Pin up the dates somewhere you won’t forget. 3. Review your 2025 budget: A well-planned budget can help you start the New Year on solid financial footing, so take time to assess revenue streams, expected costs, and potential capital expenditures. 4. Set aside funds for January: A drop in customer spending after the holidays can mean poor cash flow. Setting aside funds to help cover January’s expenses can prevent financial strain when business resumes. 5. Look ahead to 2025: Check to see if changes on the horizon impact your business and bottom line. We'll keep you posted. |