InciteFUL Profit Podcast | Incite Tax

Simplified Business PLANNING Process

November 29, 2022 John Briggs Season 4 Episode 6
InciteFUL Profit Podcast | Incite Tax
Simplified Business PLANNING Process
Show Notes

Growth Plan Presentation Slides: https://incitetax.com/wp-content/uploads/2019/09/Growth-Plan-Lead-Magnet-1.pdf

Wealth Building Framework: https://incitetax.com/wealth-building-framework-sneak-peek/

What's a simplified business planning process that you can use to make sure all aspects of your business are ready for the new year? There's a lot of stuff out there. You've heard of business plans, and they can get intense.

I like the growth plan more than I like the business plan. There's a lot of similarities, but the focus of the growth plan is how you are going to grow. Not just how you are going to be in business.

I don't really use a growth plan that often anymore. A big reason is it's a five-year plan. If I thought back five years ago, would our business be where it is now? Honestly, I couldn't have envisioned it. That's one of the dangers of taking time to try to perfect something that's so far out, things change.

I like looking at, in a lot more detail, one year out. To help me do this, I created a tool that walks me through all the necessary details. I also fairly recently did a four-part webinar series going over every part of my business planning process with that tool that we called the Wealth Building Framework.

It’s designed to go over your business and forecast financials for the next year. The perfect time start your own business planning process for the coming year is at the end of the calendar year, like November or December. That way you can plan the entire year.

Looking at how I want my financial statements to look like in the upcoming year allows me to ask the questions of every aspect of my business that's going to help me accomplish that goal that I can visualize 12 months out.

John Briggs | Tax Genius
info@incitetax.com
801-999-8295

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John Briggs | Tax Genius
info@incitetax.com
801-999-8295
Visit our website @ Incite Tax

Schedule A Call

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