Usually, January 1 is the common new year celebration. We get together with our friends and family to say goodbye to the year that was and welcome the new year with excitement. It’s a chance to set personal goals to improve ourselves in hope that the coming year is greater than the last.
As accountants, we have a second New Year’s celebration on June 30. Traditionally we complete our performance reviews, we detail our work achievements from the previous year, document our career goals for the current year and our 5 year plan. It is the time of the year we focus on our careers and how we personally want to see them advance in the coming year/s.
After all of this, we head to our local watering hole and celebrate all that we have achieved and aim to achieve. It’s never hard to find an excuse for celebration, but Financial New Year is certainly never an occasion we miss.
At this time of year it is quite common to find our clients thinking about how they can improve their business, their income, their investments, particularly after completing the reports for the previous year and seeing results which they wish were better. June 30 seems to be the time of year for people to reassess the financial aspect of their lives. It’s something many of us think about but not necessarily seek assistance with.
We, as Business Advisors, find that this is a great time to put plans into action, make adjustments to current business activities and if necessary, convert to Xero from other accounting software systems. A five year plan is great for business too, as it gives us as business owners, direction and something to aim towards. At the end of all our hard work the income is great, but achieving business goals to encourage growth is a great feeling and form of motivation. It’s just another way to receive more self-satisfaction for something that absorbs so much of our time, making it all worth while.
From all of us here at Rush Associates, we wish you a Prosperous New Financial Year FULL of Achievements and Growth!!!