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I remember clearly when a popular social media strategist asked me “Do you have a marketing strategy for 2018?” I didn’t expect that she would ask me that question. After all, I had just met her at a marketing conference. I nervously thought to myself…“I know I have a marketing plan but I’m not 100% sure if I have a marketing strategy.” I didn’t want to embarrass myself in front of this person so I told her, “of course I have marketing strategy!” I walked away thinking that I needed to get a marketing strategy and fast!

Strategy has been a popular word in 2017. Everybody is calling themselves a “strategist” these days – social media strategists, branding strategists, business strategists, and more. Well, now it’s my turn to make you slightly nervous. My question to you is “Do you have a business financial strategy for 2018?”. Before you say “yes” without even knowing what financial strategy is, I’m going to share with you the 3 essential financial strategies you should implement in 2018.

What is strategy?

Strategy is simply a plan for achieving a goal. The most important part of strategizing is identifying what your goals are. Financial strategy is a financial plan for achieving goals in your business.

Financial strategy #1 – Minimize the time you spend working on your bookkeeping

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If you’re a small business owner, now is the time to decide whether you should DIY (“do it yourself”), delegate, or outsource your bookkeeping.

Keep Reading 3-essential-financial-strategies-you-should-implement-in-2018

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source: 5 Minute Bookkeeping