The end of the year may seem far off, but trust me: December will be here before you know it. And because there are several things you should mark off your list before then, getting a head start can keep you from having a time crunch when you’d rather be enjoying holiday cookies and punch at year’s end.
Here’s what you need to make sure is done before you close out 2014.
1. Choose Your Business Structure
If you read this blog regularly, you know I harp on the importance of having an appropriate business structure. It’s not just hot air! Incorporating or filing as an LLC is truly one of the best things you can do for you company.
Doing so now will help you make a clean break from one business structure (sole proprietor) to the new one for the new year.
2. Get a Plan for Next Year
If you tweak your business plan annually, you can look right now to see how close you were to hitting your targets this year, and start planning for next year. You can wait until December to finalize the numbers, but there’s no reason you can’t get a head start on building out your plan now. Continue reading “7 Things to Do for Your Biz Before the End of the Year” »