Staying focused on your year-end business goals

Why is it that goals are easy to make, but harder to keep? When you set New Year’s resolutions early in January, you were probably full of optimism that come March, you’d be right on point. Did you know that 80% of resolutions fail by February? Is that your current reality?

Staying focused on your goals takes planning

While it may seem hard to dig out of a hole when it comes to your business goals, it’s worth it to put in the work right now. There is a tried-and-true formula to keeping your goals on track. Most experts agree that keeping your goals (a) specific and (b) manageable will ultimately help you achieve them.

Spotlight on bookkeeping and record-keeping for 2019

Let’s say you made a goal to stay up-to-date with your bookkeeping and to keep better records in 2019. Break that down into smaller, more manageable pieces. This will help you achieve the goal slowly, give you confidence that you can do it, and ultimately end the year right where you wanted!

For example, you could block out an hour once a week to catch up on billing clients, tracking hours on projects, and filing invoices and receipts. If you do this once a week it’ll save lots of headaches at the end of the month and especially at the end of the year!

Or you could set up a specific folder on your computer or a hard copy file that holds all of your emails, screenshots or receipts all in one place. If you set up a system that files by month, you’ll have nicely organized records whenever you want to access them.

There are plenty of business apps and software online that’ll help you if that’s a route you want to go.

Whatever methods you choose, revisit your goals once a quarter and ensure you’ve done what you can to keep yourself accountable. It’s all within yourself to hit those goals come year-end.

If you’d like professional advice about bookkeeping and records, contact Morgan & Associates today to help set up a strategy ideal for your business.