Spring Cleaning: 5 Chores to Getting Your Business in Order

Let's face it- springtime is here and we have already moved our clocks up one hour, and the cleaning up around the house has begun; however, springtime isn't just the season for sprucing up your home.  All business professionals would agree that now is a great time to tidy up your business: sweeping out the old and getting back on track will help you stay focused throughout the year. 

Our in-house Certified Exit Planner, Jeff Merry suggests 5 basic chores to get your business freshened up and ready for when the market starts heating up for the summer months.

1.  Start by getting your financial house in order by reviewing your portfolio and company books.  Consolidating your accounts, rebalancing your investments, and cutting expenses are helpful ways to get you and your company back on track and possibly put some extra money back to the bottom line. 

2.  Clean out your computer files and make sure your client database is current.  Archive any old files onto an external drive or online file storage service.  This will ensure that you will always have a copy without taking up storage space on your computer.  It is also important to check and then re-check your client database to make sure you have up to date email addresses, mailing addresses, phone numbers, and other vital client information.

3.  Sit down with your employees and review your policies, practices, and procedures.  Determine if your practices are really working, and make certain everyone understands what is expected of them as a team member.  Now is a good time to possibly simplify tasks and realign company goals. 

4.  Follow up on delinquent or out-dated accounts.  After all accounts have been followed up on archive those files or throw out the ones that meet the statutory limit.  Clutter free is key.

5.  Lastly, do a quick office cleaning.  It's time to clean out your desk drawers and wipe the dust off your bookcases and filing cabinets.  Replace anything that is broken and organize your office supplies.  Tidying up your work environment will help with productivity. 

Remember it's that time of year.  Will your business be in order?  Whether you need help with a business plan, an exit plan, or are looking to buy or sell a business, contact our office today at 888-534-6630 for a free meeting, or visit http://www.thebusinesshouseinc.com/ for more information on how we can serve you.