Many years ago, when I ran a tax and bookkeeping service, this time of year brought budgets, ledger reviews, and reconciliations. I worked with many small business owners helping them to organize, categorize, and refresh. There is a beauty in this process that starts the tangible completion of the year and a natural fresh-start.
Take a minute and list the top 5 things that come to mind in terms of what it would take to polish your business finances. Think of the finance aspect of your business as a snow globe and polish it up….give it some attention….make it shiny….so that the vision you have for 2012 can be clearly viewed.
1. Enter all accumulated receipts into check register and update budget
2. Make sure transfer deposit gets made
3. Burn a 7-day candle to release ANY and ALL past mistakes regarding money
4. Block time on 2012 calendar to complete 2011 books and taxes
5. Take a walk and focus on gratitude for all my needs being met PLUS in 2011
Be spontaneous when you create your list AND also be spontaneous in what shows up for you these next few weeks regarding completing and polishing your finances…..play, have fun, and sit-down-and-do-whatever-you-need-to-do.
Allow and prepare to receive your expectations and beyond.
Here’s a list with some things you can do before the end-of-the-year to potentially cut your taxes for next year: