Tuesday, August 13, 2013
If your clients were to ask themselves this question, would they be able to answer it?
Most probably won’t. Why?
Because most business owners are aiming at nothing!
In this month’s ChangeGPS Client Alert we share the secret to preparing a simple 12 month budget, which will help drive your clients business forward by knowing if they have been improving or going backwards!
Have your clients free up a weekend to sit down and very simply plan out the next 12 months based on the year just had, and their projected revenue and expenses as well as calculated projected profits.
If their projected profits aren’t higher than last year’s (2013’s) profits, why not? Are they planning to go backwards?
In order for their business to continually drive forward, they want to be aiming for profits to increase by 10% each year.
Now that your clients have something to aim for each month, they need to stay “on track”!
Online accounting software systems like Xero make this process incredibly easy for them to review, on a monthly basis, their actual –v- budget report.
Your clients will be amazed that even in tough economic conditions, aiming higher and regularly reviewing their results will lead to better business decisions throughout the year – and in most cases a higher profit each year.
Download the client alert from your ChangeGPS Intranet (Client Services > Client Issues and Solutions) and send to ALL your clients today!
Have them give it a go and share with you (and us) how they went.
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on Tuesday, August 13, 2013