admin June is here 🌊🌊and it’s time for a mid-year financial review.
At the beginning of 2022 chances you have created an initial income projection. Maybe you revisited this beautiful plan the following months , but the life of an entrepreneur is so busy, that things happen and I can totally understand that your main job is to coach clients …
And this initial plan stayed there….
Now in the middle of June it’s a great idea of revisiting your plan firstly you need to actualize it, and then make any adjustments and tweaks to be sure that you will achieve the financial milestones you set at the beginning of the year.
A midyear financial review it’s a good opportunity to take the pulse of your saving and spending plan with a midyear financial checkup.
While having the valuable input from your previous month’s data a quick look at your cash flow forecast plan can yield valuable insight into whether you are still on track to meet your 2022 financial goals.
It can also help identify areas of waste and provide motivation to set new goals or make the necessary changes to accomplish your initial financial goals.
That’s where reviewing your financial plan can be critical for keeping you on track toward your existing goals and any new priorities you may have recently established.
Some things to review are from your live forecast document :
- Reevaluate your spending needs
- Revisiting your purpose-driven revenue goals and see if you are on track
- Reaffirming your financial goals and priorities and track your progress towards your financial milestones, aka savings you want to achieve to the end of the year
- Evaluating your tax exposure
- Ensuring to reflect the changes that are bound to take place in your life in the weeks and months ahead
I have created a guide to help you  reassess your goals, figure out what went wrong, and come up with a new plan for the coming year!!!!
If you didn’t make as much progress financially as you hoped you would this year, that’s okay.
Now is an excellent time to reassess your goals, figure out what went wrong, and come up with a new plan for the coming year!!!!
If you want to accelerate the results for your business, implement Profit First and learn how to stabilize your Cash Flow, build your business reserves,
book a call with me and let’s chat to see if my 90 Roadmap to Cash Flow Health is a good fit for you and your business.
So if you are interested of revisiting your initial plan and making it a live document,that will help you make informed decisions and also have the roadmap for achieving your desired revenue goals.
Here is the link to my program :
https://financialgoalsforwomen.eu/wordpress_6/roadmap-to-cash-flow-health/
You can either sign up , or book a call and we can chat to see if my 90min. Intensive Roadmap to Health is a good fit for you and your business.
Looking forward to help you update or create this cash flow plan!
Sophie
