Ep 173 - Your End Of Financial Year Business Health Check!

It’s the End Of Financial Year (EOFY) here in Australia, which means one of three things for business owners: it’s either incredibly exciting, incredibly boring, or incredibly scary, depending on how organized you are and how your mind works.

I personally belong to the excited camp (can you tell?!). I love spreadsheets. I love numbers. I love data. I love the feeling of organisation when everything is clean and tidy and organised.

When I know I'm on top of everything, I know that I’m ready for growth, and that’s exactly what I want to share with you so that you can be ready for massive growth as well as we dive into a new financial year together.

In fact, everything I do at the end of financial year falls under my quarterly business health-check, which means that four times a year I am reviewing, evaluating, reflecting and projecting for the quarter ahead. It’s impossible to get behind if you’re committing to your quarterly business health-check, and I can almost promise that you’re also going to begin to enjoy and look forward to the process.

To make things super simple and ready to you to dive in and implement, I’ve created a template that you can plug-and-play into your own business right away - click here to download your free EOFY Checklist and let’s roll!

The core areas that you need to review at the end of financial year are:

• Money 
• Administration 
• Marketing
• People

And of course, YOU!

All of the areas and key questions that you need to be asking and answering in your business health-check can also be applied to YOU personally and the quality of life you are designing.

Essentially we are taking a helicopter view over everything - that’s not so scary, right?

We want to rise up in our helicopter and objectively look down on our business and life, and evaluate how we're going by asking some simple but tough questions:

 

1. What do I need to change?
2. What do I need to start doing?
3. What do I need to stop doing?
4. What have I been putting off that I can start doing now?
5. What are the things that no longer serve me?
6. What do I need to start saying ‘no’ to?
7. What do I need to start saying ‘yes’ to?
8. What was most important to me last quarter, and is that still relevant?

And perhaps most importantly: how can I change my daily habits to support my vision and goals?

Whether it’s taking better care of yourself, making more profit, increasing your list size, quitting your day job, or taking more time to follow the fun, these questions and your helicopter view will help you to get everything on track in achieving them. 

Are you ready?

Make sure to download your free EOFY Business Health Checklist here, and listen to this week’s podcast episode in full where I will be walking you through every step of the process and have you more ready than ever to level-up in business as the new financial year blooms.

Let’s do this!


Let me know on Instagram @tina_tower: What was the one tip that you got out of this exercise? What's that one thing that you're going to do for end-of-financial-year that you wouldn't have normally done?