In this episode of the Service Based Business Society podcast, Tiffany Ann Bottcher shares invaluable insights on 'The Seasonal Seven' - seven crucial tasks that entrepreneurs must prioritize right now. With her extensive experience in scaling service-based businesses, Tiffany dives into practical strategies for end-of-year success, while also sharing personal anecdotes about the importance of planning for unexpected events, like illness.
Key Points:
- Catch Up on Bookkeeping: Ensure your books are up to date. This sets the foundation for effective tax preparation and financial decision-making.
- Tax Preparation and Planning: Analyze your profit for the first three quarters to make informed decisions for the end of the year. Consider adjusting your spending or sales strategies based on your tax situation.
- Client Engagement During Holidays: Decide on your approach to holiday gifts or cards for clients. Consider personalization and timing to stand out.
- Team Appreciation: Plan for holiday parties, gifts, or bonuses for your team. Remember, this can also tie into your tax planning.
- Setting Holiday Hours: Ensure your calendar reflects your availability during the holiday season, including recovery time after events. Update your Google Business profile with holiday hours to inform clients.
- Social Media Planning: Schedule your social media content in advance, especially notices about holiday closures. Ensure auto-replies and chat widgets are updated to manage client expectations.
- Budgeting for the Next Year: Utilize your up-to-date financials to create a budget for the upcoming year. This step is crucial for sustainable, profitable growth.
Personal Insights & Stories:
- Tiffany-Ann shares her experience with illness, highlighting the importance of having a contingency plan for business continuity.
- The challenge of balancing work commitments with personal life during the holiday season.
- Insights into the importance of being organized and proactive in planning.
Call to Action:
- Visit Bottcher.io for assistance with bookkeeping, tax prep, and budgeting.
- Subscribe to the podcast for more tips on scaling service-based businesses.
- Leave a review and share your thoughts on this episode.
Conclusion:
This episode is a must-listen for entrepreneurs looking to close the year strong and enter the new year with a solid plan. Tiffany's mix of professional advice and personal anecdotes provides a comprehensive guide to navigating the busy holiday season while keeping your business on track.
