Starting the New Year

As you start the New Year, it is time to perform a “Balance Sheet Review” of your business; not in the accounting sense, but philosophically similar.

Entrepreneurs should evaluate their “assets” in the business – products/services, people, customers, vendors, processes, and so on. These should establish the strengths of your business to either build upon or further improve in 2019.

A determination of your “liabilities” will give you an idea of the weaknesses that need to be focused on in 2019. These “liabilities” need to be mitigated or converted to “assets” so that you can utilize them for success during the year.

By performing a “Balance Sheet Review,” Entrepreneurs can set their priorities and goals for 2019 – a new beginning!

Ravi Patel

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Published in: on January 2, 2019 at 4:43 am  Leave a Comment  
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