This week, we are both getting our end-of-year "ducks in a row" business-wise. Here's what you may consider doing to close out your year:
Determine any final business purchases. In our last newsletter, Abby named several things that she loves using for her work. You may also find some sales going on for products or services that you may be interested in for your business. Additionally, it never hurts to briefly check in with your accountant about what final business expenses are tax-deductible.
Review your subscriptions and memberships. So many things are not a "one-time" purchase these days and you may find yourself accidentally saddled with recurring charges for things you no longer use! Take a look at your recurring payments. Determine which memberships and subscriptions you want to continue to use and which ones you are ready to cancel.
Tie up loose ends. Send out final invoices (or reminders if you have invoices that are past due). Pay any remaining bills you have. Close out your P&L (profit and loss ledger). Review and organize your client list (potential clients, active clients, or folks who are inactive). Solidify your January availability and invite clients to schedule their next month's sessions. Rollup remaining client notes. Clean out your inbox. Tidy your office.
Schedule some down time. If you haven't already, block off time in your calendar this month (and possibly throughout 2026) to give yourself space for reflection, enjoying the holidays, and rest. December often adds its own additional chaos, so providing a little bit of extra buffer time is crucial.
|