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Even when we expect our tax returns to bring a refund, we all dread preparing for the tax deadline. If you don’t have a plan for the money when that refund check comes, it could be all to easy to spend it. Instead of succumbing to impulse, consider these five options for letting the savings you accumulated last year bring you greater financial security and peace of mind in the years to come.
Download the PDF of this month’s newsletter.
One of the best ways to give your future the maximum opportunity to be successful is to make sure each new year begins with as little baggage from the past as possible. So, what grandmother used to do after a long winter, businesses need to do in December. Instead of spring cleaning, let’s do some December baggage elimination. Here are a few places to start. Eliminate stuff: Even if you’re not a pack rat like me, you’ve accumulated stuff you don’t use anymore. If you’re not using it, sell it, give it away, or throw it away.
We’ve all heard the all to familiar sound of complaining about “the economy” and people blaming their woes on it, as if some nebulous force they don’t understand was acting to thwart them. But here’s the thing. “The economy” doesn’t create economic opportunity, people do. Specifically, people who are rainmakers.
It’s no secret that all businesses have been rocked over the past few years by the economic asteroid that hit us. And like when an asteroid hits Earth, our environment has changed for a long time to come.
Congratulations! Now that you’ve prepared and filed both your personal and business taxes, it’s time to get back down to your real job: running your business. Because you’re done with the major holidays and the task of tax preparation, this time of the year is perfect for working on new ideas or confronting problems you may have with your business. One of the major problems newer, but not brand new, businesses often run into is continuing the growth that kept your doors open in the first place.
