Spring Clean Your Business Plan

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Spring has sprung, and with it, the usual flurry of spring cleaning. From organizing your closet to deep cleaning your kitchen, we're sure there's plenty for you to do. But we've got one more item to add to your list – spring clean your business plan.

If you're like most advisors, you spent some time at year end reflecting on your goals, both personal and professional. As a business owner, you likely took the time to break down your 2022 business objectives, examine your budget, and plan out the course of your calendar year. And while we applaud the effort you put in then, the best way to ensure that your yearly goals and plans are carried out accordingly is to check in on them every now and again. We recommend reviewing them quarterly, but ultimately whatever works best for you is the best way forward.

Spring, the season of budding flowers, rising temperatures, and fresh starts, is the ideal time to give your business plan the attention it deserves. Here are three ways to get started.

Review your progress

The best place to start is with the basics. Go back to those goals and objectives that you thought through at the start of the year and review the progress you’ve made. Make a highly organized business plan that includes overarching big-picture goals, quarterly goals, monthly goals, and even weekly goals. Breaking large goals into bitesize pieces makes them more attainable. If you were vague with your planning in December, it's not too late! Look at the progress you've made compared to the goals you still have ahead of you, and map out the rest of your year accordingly.