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You are here: Home > Business > Small Business > Cleanup and Planning: Year-End Checklist for the Self-Employed |
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Suggest You - Cleanup and Planning: Year-End Checklist for the Self-Employed
10 Tips for a Running a Silent and Live Charity Auction the final payment is usually due on January 15)10 Tips for a Running a Silent and Live Charity Auction1. Choose the right date for your silent and/or live auctionChoosing the right date for your auction is critical. Most auctions are held in • Mail holiday cards and gifts to clients/customers • Make holiday offers to clients/customers • Clean out old files/e 15 Sure-Fire Yellow Page Headlines Guaranteed to Get Attention At the end of the year, it’s important to both close-out the old year properly as well as plan for the new year. I recommend you start this process in early December so that there isn’t a last-minute rush to complete your year-end closing tasks. Even better, do this quarterly so that you remain caught-up with the tasks. Here are some ideas that you might want to add to your checklist:I’ve been advising and counseling businesses on their Yellow Page advertising since 1976. During that period, I’ve placed ads in every media imaginable and consulted to over 7000 businesses. With those credentials, I feel capable and confid Cleanup and Closing Tasks • Enter all revenue and expenses into your recordkeeping system. • Send final invoices for current year. • Reconcile your bank account records with bank statements. • Estimate your last tax payment for the current year (many self-employed people make quarterly estimated tax payments…the final payment is usually due on January 15) • Mail holiday cards and gifts to clients/customers • Make holiday offers to clients/customers • Clean out old files/em Tips for Using Paid Advertising ’t a last-minute rush to complete your year-end closing tasks. Even better, do this quarterly so that you remain caught-up with the tasks. Here are some ideas that you might want to add to your checklist:Quite a few business out there can't survive without some type of advertising and/or brand recognition, so advertising your business is one of the most important aspects in running certain types of business. It's also one of the most freque Cleanup and Closing Tasks • Enter all revenue and expenses into your recordkeeping system. • Send final invoices for current year. • Reconcile your bank account records with bank statements. • Estimate your last tax payment for the current year (many self-employed people make quarterly estimated tax payments…the final payment is usually due on January 15) • Mail holiday cards and gifts to clients/customers • Make holiday offers to clients/customers • Clean out old files/e How to Make an Fixer-Upper's Kitchen Working and Spanking Cool dd to your checklist:Kitchens are one of the busiest parts of the house. Many things go on in the kitchen and this is why it’s often the dirtiest, most abused and most in need of repair in the whole house. If you’re planning on investing in an fixer-upper, be s Cleanup and Closing Tasks • Enter all revenue and expenses into your recordkeeping system. • Send final invoices for current year. • Reconcile your bank account records with bank statements. • Estimate your last tax payment for the current year (many self-employed people make quarterly estimated tax payments…the final payment is usually due on January 15) • Mail holiday cards and gifts to clients/customers • Make holiday offers to clients/customers • Clean out old files/e Networking to Get Boat Cleaning and Detailing Customers • Reconcile your bank account records with bank statements.If you own a boat cleaning and detailing service then you know that most of your business will come from referrals. In fact, some industry specialists in the boat cleaning and detailing business state that up to 80 percent of the business • Estimate your last tax payment for the current year (many self-employed people make quarterly estimated tax payments…the final payment is usually due on January 15) • Mail holiday cards and gifts to clients/customers • Make holiday offers to clients/customers • Clean out old files/e Helping Start-up Entrepreneurs Reach Their Goals - Strategy the final payment is usually due on January 15)Many people wish to help entrepreneurs get started and become successful. Of course if you have never run a business before, well it can be tough indeed. Now then if one were to use a little creativity to apply themselves then it might be p • Mail holiday cards and gifts to clients/customers • Make holiday offers to clients/customers • Clean out old files/emails • Create year-end accounting reports and compare to goals for year • Tally business-related mileage for year • Tally expenses by vendor and prepare 1099’s if needed • Contact your accountant and discuss year-end tax planning Planning Tasks for the New Year • Write a list of goals • Write a list of tasks that need to be accomplished in order to make those goals • Write a list of projects you’d like to start or complete • Create an updated marketing plan • Create an updated budget • List the topics you’d like to study, the classes you’d like to take, or the books you’d like to read, to keep you up-to-date with your industry and business skills • Sc
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