The fourth quarter of the business year is a great time to reflect and plan. Looking back on the past year, what were your wins? Whether you achieved some lofty goal or simply kept going through these challenging times, it’s important to celebrate the big successes and the small ones. It’s also time to start planning what’s next. You can easily get caught up in the day-to-day running of your business, but you also need to apply some thought to tomorrow and what you need to put in place for success in 2022.

Today, I share why now is the best time to reflect on your business year and start planning for 2022. I reveal what I do during this time to increase success for the year and investments you can make to reduce your tax liability. I explain why it’s vital to acknowledge your team’s contributions and ways to do that. I also outline how to develop your business plan for 2022 and the things you can evaluate in your business to make the next financial year more profitable.

“Celebrate your wins; celebrate with your team; celebrate the fact that you’re still here.”- Melinda Emerson

Listen to the podcast below:

This week on SmallBizChat Podcast:

• Why now is a great time to reflect on the past year and plan for 2022
• How I use the final quarter to increase success for the year
• Investments to consider now to reduce your tax liability
• Acknowledging your team’s contribution to the success of your business
• Why you need to reflect on the achievements in your business
• How you can develop your 2022 business vision
• Evaluating the expenditures in your business

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