Fi­nan­cial fit­ness res­o­lu­tions

Ovens & Murray Advertiser - - REGIONAL EXTRA -

GET­TING fi­nan­cially fit should be at the top of the list of New Year’s res­o­lu­tions, ac­cord­ing to ad­vice is­sued to­day by Char­tered Ac­coun­tants Aus­tralia and New Zealand.

Here are their five fool­proof tips to get fi­nan­cially fit and on the front foot:

Im­prove your dig­i­tal pres­ence

How long has it been since you’ve up­dated your web­site? Added to your LinkedIn pro­file? En­gaged with fol­low­ers on your busi­ness Face­book page? Pub­lished a new blog up­date?

Cre­at­ing a strong dig­i­tal pres­ence al­lows you to iden­tify who your on­line au­di­ence is. And with any luck, con­vert this au­di­ence into clients!

Hav­ing a solid on­line brand can also help you es­tab­lish your­self as a sub­ject-mat­ter ex­pert, share in­sight and ex­per­tise via so­cial me­dia, and gen­er­ate ex­po­sure for you and your busi­ness.

And what bet­ter way to kick off 2019 than giv­ing your dig­i­tal as­sets a fresh coat of paint.

Im­ple­ment cloud-based ac­count­ing tech­nol­ogy

Shift­ing your busi­ness to the cloud can of­ten boost pro­duc­tiv­ity and sig­nif­i­cantly trim down your ad­min­is­tra­tion time by man­ag­ing work­flow.

Not all cloud-based tech­nol­ogy ser­vices are the same; they may in­clude hard­ware, soft­ware or some com­bi­na­tion of the two.

How­ever, em­brac­ing the cloud will en­able you to speed up both in­ter­nal and ex­ter­nal busi­ness pro­cesses, so that you and your cus­tomers can make real-time de­ci­sions.

Plan in ad­vance for key fi­nan­cial dead­lines

Set­ting timely goals means giv­ing your­self a re­al­is­tic time­frame to achieve them.

You can proac­tively break down the year into in­cre­men­tal mile­stones, with goals for each key fi­nan­cial dead­line.

This can help make your mile­stones more con­crete, help­ing you cre­ate a sense of ur­gency to sim­ply be­gin.

Con­nect with col­leagues – join a pro­fes­sional net­work

Like any in­dus­try, if you want to stay rel­e­vant you need to keep up to date with the lat­est dis­cus­sions and trends.

Re­gard­less of which pro­fes­sional net­work you join, by mak­ing the step to con­nect with like-minded in­di­vid­u­als, you are guar­an­teed to ex­pand your cur­rent pro­fes­sional foot­print.

Put your­self first - In­vest in your pro­fes­sional de­vel­op­ment

Too of­ten gain­ing that new skill, course, or qual­i­fi­ca­tion is the thing you put on the back­burner, but take that time to ex­pand your ca­pa­bil­i­ties and broaden your scope.

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