It’s the start of the new year for business, the start of a new tax year, but even more important, the start of a new business year.
While it is important to “re-set” your tax systems and tax plans for the year ahead, consider why you pay taxes. Taxes are paid on profits, and the ultimate tax plan is to simply make losses – however, not a great plan for your business and personal wealth! So, while we would all like to keep the Taxman at bay, ultimately the secret of your success is to make your business grow.
It is an old adage: “businesses don’t plan to fail, they fail to plan”. Yet time and time again surveys show that fewer than 3 to 7% of small and medium businesses that fail have ever done any business planning.
The start of a new business year is the best time to start a business plan. You can “close the books” and think about new initiatives and ideas about your business. It is the business equivalent of making your New Year resolutions, but with a better process that can lead to follow-through and...
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While it is important to “re-set” your tax systems and tax plans for the year ahead, consider why you pay taxes. Taxes are paid on profits, and the ultimate tax plan is to simply make losses – however, not a great plan for your business and personal wealth! So, while we would all like to keep the Taxman at bay, ultimately the secret of your success is to make your business grow.
It is an old adage: “businesses don’t plan to fail, they fail to plan”. Yet time and time again surveys show that fewer than 3 to 7% of small and medium businesses that fail have ever done any business planning.
The start of a new business year is the best time to start a business plan. You can “close the books” and think about new initiatives and ideas about your business. It is the business equivalent of making your New Year resolutions, but with a better process that can lead to follow-through and...
To improve the results of a meeting, begin by defining and improving the meeting process and people's commitments to it.
According to a study by the University of Southern California in Los Angeles (as cited in Forbes, 10/25/93)
When we facilitate planning projects for our clients we start with the end in mind and ensure that the client has an enunciated vision for the business and that it is quantifiable so that each goal and objective can be squarely measured as well as relate in a straight line from the vision those goals and objectives are designed to achieve.
Our model is that, from the Vision comes clarity of action. Your planning project should:-
As a result of this marvelous reception, we have had a major re-think and decided to make it available to the public as the OTS Management News-Weblog. We hope you will find it just as informative, and in its new public site, even more readily available to you and your friends.
You can forward the URL (that's address of the website to the not-so computer literate) through some automatic links in your internet explorer by sending the page or the link by e-mail, or you can simply tell them to go to 