End of Year Organization Planning

It is that time of year to complete year end planning for your organization. The fourth quarter for most firms is always the best time to implement these changes to obtain the goals desired at the onset of the year. Listed below is a listing of topics to be considered at year end to determine if you are satisfied with the prior three quarters of results or desire change in results:


1) Reconcile accounts (e.g., bank accounts, A/R, A/P, partner basis, etc.),
2) Review financial reports,
3) Analyze cash flow,
4) Review PY tax returns and pro-forma CY tax returns then accrue liability,
5) Reflect on the prior three quarters and review 2023 goals,
6) Identify goals not obtained and reasoning behind any shortcomings,
7) Consider further staffing needs and identify incentives available,
8) Draft 2024 goals and strategy,
9) Review 3Q23 budget to actuals and draft 2024 budget, then
10) Evaluate and improve leadership.

Area such as these can greatly improve the firm's chances of success when presenting yourself to the public and potential employees. As a result, the firm can articulate where they have been, where the firm is now and where the firm is going. If we have the right vision and dedication to the details we can arrive at our goals in an efficient manner to achieve joint success!

If you have any questions regarding the aforementioned topics for implementation feel free to call, text or message me for an in-depth analysis of your current situation.

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