Establishing Good Habits For Your Business With Your Accountant’s Help
As the new year begins, it’s the perfect time for business owners to reflect and reset.
An accountant’s advice? Building strong business habits in 2025 will pave the way for growth, stability, and success.
Here’s a practical guide to habits that every business should prioritise.
Stay on Top of Finances
Regular financial reviews are a cornerstone of good business management. Checking in monthly on income, expenses, and cash flow can help clients spot trends early and make informed decisions. Accountants often recommend cloud-based software to make this process simpler and more efficient.
For instance, a retail client who noticed profits dipping during monthly reviews uncovered rising supplier costs. A pricing adjustment kept them on track for their goals.
Make Technology Work for You
There’s no escaping it—technology continues to transform the way businesses operate. In 2025, tools powered by AI and automation can streamline processes and save time. However, an accountant would always stress balance; technology should support, not overshadow, meaningful client relationships.
One example: A service business that automated appointment scheduling saw reduced admin time, giving staff more capacity to connect with customers personally.
Define and Track Goals
Setting clear goals is a habit that successful businesses swear by. By breaking annual goals into smaller, manageable steps, business owners can stay focused and motivated. Your accountant can also help by aligning these goals with your financial plan.
Consider this: A client aiming to grow revenue by 20% worked with their accountant to identify quarterly milestones, like launching a new product line. Tracking progress kept the goal within reach.
Focus on Employee Well-Being
Employees are the heart of any business. Accountants often remind clients that investing in their team—through flexible work options or wellness initiatives—pays dividends in productivity and loyalty.
For example, a café client introduced wellness breaks and saw a noticeable improvement in staff morale and customer service.
Keep Learning
Whether it’s through attending seminars, reading industry insights, or asking their accountant about emerging trends, continuous learning keeps businesses competitive.
Case in point: A restaurant owner who embraced an online marketing course grew their delivery sales by 15%.
Let 2025 Be the Year of Smarter Choices
Accountants like us know that small, consistent actions can lead to big results. By building strong habits like financial planning, smart use of technology, and prioritising people, business owners can set themselves up for a successful 2025.
Remember, as your accountant, we are always here to help guide and support you every step of the way. Why not start a conversation with us and find out how we can assist you in 2025?
IMPORTANT NOTICE
This blog post contains general information only and has been prepared by Allworths without reference to your objectives, financial situation or needs. Allworths cannot guarantee the accuracy, completeness or timeliness of the information contained here. By making this information available to you, we are not providing professional advice or recommendations. Before acting on any of the information contained here, you should seek professional advice.
