Where will your business be in 2018 & will you still be working in it?

As a business owner and ‘go to expert’ in your field, such as IT, Training, Sales and Marketing, Engineering, Retail or maybe even Law or Medicine…

chances you learned to make your business and financial decisions at the university of life or the school of hard knocks, which means you learned your  lessons the hard and painful way…

but, if your business is not creating the income you want, or your savings are not enough to even think about retiring and you’re not even sure where you’ll be in 2018, the good news is …

it’s not your fault!

How do we know this?

Because we’ve worked with lots of businesses like yours!

You see as your business and yourself mature, you’ll be faced with some key decisions that your experience to date has not prepared you for. You will need to answer these important questions …

1. Who will drive your business strategy to create the income you deserve?
2. What is your role and who will be responsible for the day to day management of your business?
3. Where will you and your business be in 2018?

If you want to have a chat about the future of your business, Click Here

Who will drive your business strategy?

Set up your business for future growth and to fulfil your potential, by considering your strategy in the areas of …

• Financial Projections, Pensions and Tax
• Products and Services
• Sales and Marketing
• Management
• Goals, Projects and Actions

It’s really important to set really clear goals.

What type of goals should you consider?

Good places to start are the following:

1) Income

Consider your income from 2013 and 2014. Has it been growing or falling? Putting a target income figure down on paper that you wish to achieve by 2018 will focus your mind and allow you to consider what steps and actions you need to put in place now in order to reach your Income Target.

2) Savings

What is your current level of savings and how is it structured. Savings should be divided up into emergency savings for immediate use and then short term, medium term and long term savings for other uses. For example a 5 year fixed term savings account maybe appropriate for monies designated for payment of kids’ future college expenses.

3) Retirement Planning

How much progress will you make on this in 2014 or will it be another year in the trenches with little time spent planning for your inevitable retirement?

Who will be responsible for the day to day management of your business?

You will need to decide whether you wish to continue as a professional who specialises in applying your technical skills and hire a manager to take care of the day to day operations, or hire a technical specialist if you want to spend less time with clients and more time on running the back office.

Hiring a new employee can be challenging and research suggests that 57% of new staff are wrong for the job!

Where will you and your business be in 2018?

It’s crucial to lift your head up and look over the horizon to imagine where your business will be in 2018. While you still have your health, now is the time to review …

“why am I in business?”,

“how much profit do I want to make?”,

“when do I want to retire?”

and most importantly…

“what do I want to leave as a legacy for my kids?”

Let’s do it today, I’ll buy you a cup of coffee and we’ll discuss how we can help you plan for your wealthy future, simply Click Here, tell us the best number to call you and let’s meet up!