Happy New Year. New Financial Year that is! Who can believe that we are now more than halfway through 2016? How are you keeping up?
The race towards 30 June can be a stressful time for both businesses and individuals. Looking at budgets, getting finances in line – a seemingly never ending list of things to do. However, it is also a great time to look at the current health of your business and consider what changes you can make for the coming year. What can you improve? Just like the start of a new calendar year, 1 July can offer a clean slate and a chance for reflection and planning for the next year.
In addition to any changes for your own business, there are always a range of changes – operational, regulatory and financial – that are implemented when the clock ticks over to 1 July. I encourage all businesses to read up on what these changes are and make sure you are across them. Websites like Smart Company are a great place to start as their articles have handy summaries to help.
At VAFI we took the opportunity to sit down and take a look at what we had said we wanted to do over the past year and what we’ve actually achieved. From this, we began to strategise for the coming financial year. One thing is clear, the work won’t slow down. I can tell you that we are excited about what is coming up, and will continue to work hard for this industry.
Finally, this time of year is also a good reminder to check in to ensure that you are taking care of yourself. Remember to take the time to look after your health (both mental and physical) and make sure you, and those around you, are set for the race ‘til the end of the calendar year.