business review

Spring-cleaning for bookkeepers

After the coldest winter in 26 years in Australia, I for one am very happy that today is the first day of Spring! Spring time, along with its welcome warmer temperatures and longer days, is renowned as being the time for cleaning, hence the phrase “spring cleaning”. As I no longer need to worry about house cleaning since employing a cleaner earlier this year, the only “cleaning” I need to concern myself with these days is within my business itself. So how on earth is a bookkeeping business cleaned? What does this actually mean and how is it done? Read on to find out more!

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The 15-minute business year-end review

One of the things I like to do once the Christmas festivities are over and the new year has been rung in is to take a look back at how my business fared during the past year. This is a useful activity to do as it not only reminds you of where you are heading but it also gives you a chance to celebrate your successes and little wins which are often forgotten amidst the hustle and bustle of business life.

There are several ways to do this (most very involved and complicated) but last year I found this article in “Flying Solo” by Robert Gerrish** which explains how to review your business year in just 15 minutes. Being a very time-poor solopreneur, this appealed to me very much so I gave it a go, loved it, and will be doing it again this year!

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Gerrish explains in the article, that even though you may be the only person working in your business, it is still important to hold yourself accountable for all business outcomes whether they be positive or negative. One way to do this is to review your business year (every year) and Gerrish has provided 5 simple review questions that he claims you can answer in 15 minutes.

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