P and L

Can you believe it's almost 2019? Well don't get too nostalgic, let's get to planning!

Let's break down your goals into monthly targets. If you want to make $1M this year, divide that by 12 and work backwards. That's $83,333 each month. Get to it!

It's not easy confronting the granularity - but luck won't get you there. Well-managed planning will. 

 
Luck? I don’t know anything about luck. I’ve never banked on it and I’m afraid of people who do. Luck to me is something else: Hard work - and realizing what is opportunity and what isn’t.
— Lucille Ball
 

One of the best ways to plan is to use reports - financial reports. Analyzing your recent year or month can illuminate unnecessary costs or lack of profit. You can look at what your actual income and spending is and adjust it going forward. Too many Facebook ads without ROI? Scrap them. Need to buy a new laptop? Put it in the budget.

At Verte Consulting, we love Xero. Xero's reports are easy to read and create. If you need more job detail, then let's get you set up on Xero Projects, Harvest or even the robust WorkflowMax. 

Contact us today and we can help get you going!

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