In this episode, what I want for you is to start thinking about 2020, because my friends, it is upon us. Since you get sucked away by the vortex of taxes from January to April, if you don't do business planning for 2020 now, then you're likely to not...
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In this episode, what I want for you is to start thinking about 2020, because my friends, it is upon us.
Since you get sucked away by the vortex of taxes from January to April, if you don't do business planning for 2020 now, then you're likely to not do it until May of 2020.
What I see a lot of CPAs, and other types of business owners doing is just having their heads so buried in product delivery, that they don't pick up their heads, not just look at their business but to also do some high level planning for the next year or even the next three to five years or even your exit plan.
Do you want to get ahead of the game and figure out where you're trying to go, figure out where you want things to end up and see if you can steer your business there as best as possible?
CPA dogma is you have to make hay while the sun shines. I'm just going to be working until eight o'clock every night, most Saturdays and Sundays, until April 15 and that's just the way it is.
I don't believe it has to be that way. It doesn't have to be the default design.
What I want for you is to be thinking about how you can maximize profit, maintain your sanity, and reduce the number of weekends you work from January to April.
So here's some of the conversations that I'm having right now with my clients, as we head into 2020, making our assessments for the year:
And in order to start thinking about the big things that could be possible that you could be creating in 2020, what I want you to think about is:
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