20 Point Annual Business Review - take a few minutes to keep your business on track

20 Point Annual Business, Bookkeeping, Marketing, Event Planning Review

Here are some items to consider each year.  This doesn’t replace advice from your attorney / tax preparer.

__1. Are there any business deposits that are NOT income? ______________________________

__2. Are there any expenses that should be booked as personal? __________________________

__3. Do you owe any estimated taxes we should remind you of during the year? _____________

__4. Are there any additional accounts, credit cards, savings, check books, etc. that we should include? ____________________________________________________________________

__5. Are there any leases, payment plans, loans we should be tracking?  Did you purchase or sell any large equipment this year This doesn’t replace advice from your attorney / tax preparer for bookkeeping guidelines.

__6. Did you file your NJ Annual Report? _________

__7. Do you have an Alternate/DBA that needs to be renewed? ________

__8. Do you have any business licenses that need to be renewed?____________

__9. Have you added any products / services that are taxable? If you’re not sure-we can check.

__10. Do you have any plans to sell or dissolve your business in the next 2 years?  Are you prepared for the related taxes, fees?  If so, let’s set up a meeting with your attorney/tax preparer.

__11. Do you have any insurance or pension plans to monitor? Let’s set an appointment with your representative.

__12. Have you reviewed/updated your company manual? What’s new in your industry?

__13. Have you had the chance to review your vendor costs, banking and credit card providers?

__14. Customer satisfaction: Have you surveyed your clients for an idea of what products/services are most popular, need revising or replacement?

__15. What are your plans for team training this year? We can help with Customer Service and Software Training or help bring in presenters from industry vendors.

__16. Is your website up to date (SEO, SEM, products/services/blog, mobile ready)?

__17. What marketing did you do last year? Expect to repeat this year?  What worked/what didn't? It’s important to set a budget for marketing/advertising that reflects a portion of sales or a set amount based on anticipated sales.  We can help get you to the right plan and budget.

__18. Are you planning any direct mail or event marketing? We can help with preparation and followup.

__19. Have you considered a 'customer appreciation' day/event/mailer/gift/handout? No budget? We can help you get creative!

__20. Are you making the most of your local Chamber of Commerce and trade/networking organizations? These are a great place to pick up new ideas, connect with business owners, find new vendors and promote your products and services.

Need help with this list? CALL-ISG! 973-334-3110 www.callisg.com