Archive for January, 2007

Wrap up 2006 and ramp up 2007.

1. Get some early lift-off to the New Year by closing deals and delivering product by January 31st.
2. Lighten your load by cutting a few recurring costs so you can enjoy these savings the entire year; it’s the savings equivalent of investing’s compound interest.
3. Watch your tax deadlines — January 16th for the final individual estimated tax payment, and January 31st for 1099s, payroll tax returns, and most sales tax returns.
4. Finish your 2007 budget and refresh your short-term cash flow forecast.
5. Go for a quick monthly close – the most important of the year – so you can ship your books off to tax preparation and possible financial statement preparation. Your banker and/or investors will be looking for these ASAP.

For review, here’s the December Almanac.