What better time to assess the state of your business than right after your busiest time of year?
Now I know what many of you are thinking, “I just recovered from tax season and first quarter taxes”. Believe me, I understand.
However, this is the perfect time to review how this past busy season went. The information is still relatively fresh on your mind and as they say, hindsight is 2020. So why not see if your business is on track to meet your 2019 goals?
Our most successful partners perform a quarterly business review around the three most important areas of their business – people, process and profit.
Here are some example questions for reflection in each of those areas:
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Process | |
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Profit | |
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What is great about a business review is not only do you get to reflect quarterly to measure your progress toward your annual goals, but you can adjust along the way. After answering these questions, if you find that you are not on track to meet your annual goals, a simple way to make adjustments lie in these 3 questions:
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Going through your own quarterly business review allows you to continue to be the most trusted partner for your clients as you help them make better business decisions. that will not crush their cash flow.
At Finagraph, our CashFlowTool Partner Success team helps accountants, bookkeepers and consultants use our software and cash flow forecasting to impact the three areas discussed above. The CashFlowTool Partner program helps you equip your staff with three core items:
Need help implementing a quarterly business review or would like to learn more about CashFlowTool? Schedule a demo with our team.