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Casual Articles - Cleanup and Planning: Year-End Checklist for the Self-Employed
Operating a business from a home office base allows you the freedom to select the various accessories that you desire for your work area. One key accessory is the home office furniture that you will select. Keep in mind that your office f
• 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-en
A good logo design is the basic consideration of almost every company that wants to make an impact in the market. Marketing tools used by a company, whether print material or broadcast commercials, somehow exhibit the company’s logo. This 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/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
Should I start my own business? At many times in a person’s life he or she will ask that very same question. The answer to that question can only be answered by you. Many times the answer is obvious. It is based on a few key things. The
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/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-en
Walk around any trade or consumer show and you will be able to collect a bag full of advertising specialties, or giveaway items all designed to promote. But look a little more closely. How many really do an effective job? How clearly do the
• 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/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-en
Book Sales 101Used book sales are quickly becoming one of the most popular ways for nonprofits to raise money for their organization. Friends of the Library groups have been doing this for some time, but now groups such as Planned Pa
• 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-en
Donors will stop responding to your fundraising letter appeals for many reasons. Some of which you can manage, but many of which you cannot. Use these findings to retain as many of your donors as you can.1. They forget>
• 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
• Schedule upcoming classes you’ll teach and distribute that Calendar of Events to clients and staff
Cleanup and planning tasks don’t just happen in December and January. If you review these tasks quarterly, they won’t sneak up on you at the end of the year.
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