Business Mid-Year Check-In
As mid-year approaches, how is your business tracking?
Hopefully, you build and maintain financial projections to proactively monitor your business financial health and have been exercising appropriate due care tracking and assessing business performance, actuals vs projections, and adjusting accordingly.
If so, your first six months tell an important story that will help you (business owners and leaders) make informed decisions and take actionable steps around mid-year to maximize meaningful impact and results for your business in the second half of the year.
While that doesn’t mean any decisions are written in stone (they can and should adapt to the circumstances and updated information as the year progresses), it’s essential to avoid waiting too long or too late (ex: year-end) to make key adjustments that may yield less than desirable results.
Be proactive, not reactive!