You can do anything but you cannot be everything.
Gary Vaynerchuk (love him hate him) recently talked about When you should be HIRING Someone!
If you can afford to invest in a new hire, it’s almost always a good strategy because it allows you to go harder on your strengths.
Understand the needs of your business and what you will need to do to get the EOFY started.
Delegate the remaining tasks out to keep the wheels of your business running smoothly.
Who and where you delegate your EOFY tasks is incredibly important to ensure a smooth transition into the new financial year.
So, who should you call to help get the EOFY party started and launch into the New Financial Year!
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1) Financial Planners.
Financial planners are a fantastic resource to help assist you in making good business financial decisions before you see your accountant. These guys will look at the goals of your business and help you to understand which choices are going to be most financially beneficial. Financial planners can also help nudge you back on the right path if things haven’t gone so well this financial year they are all about the numbers.
Finding an accountant who specialises and understands your business and industry is imperative for success. It also helps to find accountants who may work with your personality style in business. For example – if you are behind because you are the ostrich with its head in the sand, you will need to find an accountant who specialises in catching you up and keeping you in good flavour with the ATO. They usually assist after the fact though and often it’s not so nice to arrive to the EFY and you are told nope – no profit this year.
Most successful businesses will have a bookkeeper on their team. Resource out what takes up your time in business. The key here is to once again, find someone who specialises in your industry. Not only does it save time, but it also means you can rely on the person managing your books to understand the ins and outs of your industry. While every business is still a business, there are different aspects and knowledge required to truly understand how each one works. One of the first things I delegated out many years ago was the role of ‘book keeper’ and only met with her twice a month for forecasting and review.
4) Business Coach.
Invest in a business coach who has walked their talk and that will assist and support you, your business and your team for the end of the financial year and beyond. Together you will be able to build on your goals as your business changes, grows and levels up. In fact, one study conducted by MetrixGlobal LLC found companies received an average return of $7.90 for every $1 invested in executive coaching. Business coaches are an investment in your future as well on a personal and financial level.
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Personal Life Coach, Business Coach & Change Mentor
Hi, I’m Kylie-Ann, it is not the things that happen outside yourself that affect you the most. What goes on inside your head is the most powerful indicator of your success as a person. So, if your thinking becomes clearer and more empowered, so does your life.
Now is a Good Time for Change!
Book a 90 Minute Pathfinder Session today… and set your feet on the pathway to your goals and find the solution to your biggest problem/s.