Encounter the Difference

NZ CA is an association of independent Chartered Accounting firms, proactively working together for the benefit of our clients.

How to plan for a Successful Year

Published: 11th March 2019

Author: www.fullfocus.co.nz

Published in: Trial Balance

One key thing will make the difference between an ordinary year or an extraordinary year. If you plan for a successful year, it pays to set goals and objectives for yourself and your business for the next 12 months.

There’s no right way to set goals. People do it in different ways. What’s important is that you do set
them. Some people write letters to themselves. Others write stories that talk about what it’s like in 12 months time. Mindmaps are often used, and also the tried and trusted bullet-point list.

Get Your Goals Visible
Whatever method you use, to have the best chance of success make sure you write them down and formalise them.  

They need to be visible, in your face on a regular basis and not gathering dust in your drawer. It could be a wall chart, a graph, a vision board, or a formal set of goals. Put them in a noticeable, readable and recognisable form. This will take you a long way towards achieving them.

Having Trouble Defining Your Goals?
If you’re struggling to define your goals, think beyond the time-frame you’re looking at. Ask yourself “what does success look like and feel like for me?” Then come back from that longer term vision to a closer time.  Consider what you should be doing in the next, say, 12 months, to head you towards that longer term vision.

As a business owner it’s easy to fall into the trap of limiting your goal setting to your business. Try taking the big picture view. Consider family, health, financial etc. As well as setting objectives you want to achieve, you could also set objectives for things you want to stop doing.

Making Time To Do It
The best time for goal setting is when you’ve got some quiet time away from your everyday activities. You could set aside some time this weekend to plan your goals. You might be lucky enough to grab some time away from your business during the week.

Decide what works for you and make an appointment with yourself to do it. Clear goals for yourself and your business for the next 12 months (and longer) will give you a direction to aim towards. It will also simplify any decision-making required along the way.

SMART Goals
Make sure your goals are SMART …. or better still … SMARTER
S pecific (what, how and why…)
M easureable (“losing 10 kg” vs “losing weight”)
A chieveable (is it attainable?)
R ealistic (do you have the resources to achieve it)
T imely (by when?)
E thical
R ewarding

Create Your Future
Remember the past doesn’t determine the future. You may have set goals before and didn’t achieve them. This doesn’t mean this will be so in the future. Goal setting can sometimes be a bit scary. There’s always the risk of non-achievement in the back of your mind. And it seems the bigger the goal the bigger the doubt.

Related Articles

  • Auckland
  • Bay of Plenty
  • Canterbury
  • East Coast
  • Hawke's Bay
  • Manawatu/Wanganui
  • Nelson/Marlborough
  • Northland
  • Otago
  • Southland
  • Taranaki
  • Waikato
  • Wairarapa
  • Wellington
  • West Coast

McDonald Vague Limited

Our experience in business turnaround, restructuring and insolvency has helped many New Zealand companies through periods of growth and change, as well as difficult times.

We advise underperforming businesses how to protect their financial future and find stability through a range of turnaround services including independent accounting reviews, raising finance and divestment.

Region: Auckland

Phone: 0800 30 30 34

Focus Chartered Accountants

At Focus we believe that the Chartered Accountant of today is judged by the way in which they work with their clients to provide creative and creditable solutions to their business needs.  To do this successfully they must be a proactive member of their clients' business teams, and be prepared to dissolve the boundaries and limitations of traditional accounting work and thinking.

Region: Bay of Plenty

Phone: 0800 362 872

Midgley Partners Limited

A boutique firm Midgley Partners are as particular as the clients and assignments they select. Continuely looking to secure clients who can demonstrate a desire to improve their understanding of their business, therefore grow their business and profits and improve their quality of life.

Midgley's have a great team of accountants and would like to get to know you and your business to help you and your business achieve your goals.

Region: Canterbury

Phone: 03 365 6900

No firms in East Coast

NZ CA Limited

Region: Hawke's Bay

Phone: 06 835 5299

Naylor Lawrence

At NLA we believe that a good accountant will ensure your compliance and tax is completed to standard and on time. However, a great accountant will take the time to understand your vision for growing your business and help you plan the journey to achieve it. With some checks along the way!

Our team has the expertise to assist your business, whether it’s big or small, just starting out, or needing some fine tuning. We don’t just offer services – we offer personalised solutions for each of our clients.

Region: Manawatu/Wanganui

Phone: 06 357 0640

Wallace Diack Chartered Accountants Ltd

With over 50 years combined experience in New Zealand, Wallace Diack is committed to providing a comprehensive range of practical accounting services for today's economic environment that help you realise your goals.

We appreciate that selecting a firm to entrust with your accounting requirements is an important decision, intensified by rapid economic changes, increases in competitive pressures, and resource availability. With our benchmarking, cash flow forecasting, and other tools, Wallace Diack is well placed to help you make an informed decision.

Region: Nelson/Marlborough

Phone: (03) 578 7389

Sudburys Limited

Sudburys look after business owners providing solutions in all areas related to accounting, finance and wealth management. They work alongside their clients, from supporting them with their daily accounting needs, to providing them with valued business advice.

Region: Northland

Phone: (09) 430 4888

G S McLauchlan & Co

GSM is a Dunedin based Business Advisory and Chartered Accountancy practice founded in 1957. 

GSM pride themselves on our specialist knowledge, our ability to keep fresh in today's ever changing environment

Region: Otago

Phone: 03 477 8192

McIntyre Dick Limited

McIntyre Dick is a vibrant, driven, and people focused firm of Business Advisors and Chartered Accountants leading the industry in Southland, New Zealand. They’re dedicated to delivering exceptional service and strive to put time, mind and money back in their clients’ hands.

Region: Southland

Phone: 03 211 0801

Harris Taylor Limited

The Accountancy world is constantly changing and highly competitive. At Harris Taylor their challenge is to stay ahead of the competition by providing the best possible service, whilst ensuring that client satisfaction remains our primary motivation and ultimate goal.

Region: Taranaki

Phone: 06 278 5058

gfa Chartered Accountants

gfa Chartered Accountants Ltd was formed on 1 April 2018 by Merv Gyde and Lance Fielder, two experienced Chartered Accountants based in Te Awamutu.

The name is an acronym for Guidance, Friendship and Acumen and reflects Merv and Lance and their teams approach to working with our clients.

It is based on the philosophical concept of Friends first, business later and forms the basis of the relationship between advisor and client, that in turn then allows the advisor to better understand the client's position and work with them to achieve their goals.

Region: Waikato

Phone: 07 872 6444

Southey Sayer

Offering a full range of accounting and business development services, tailored to meet the needs of each individual client. The wide range of expertise and experience within the firm is shared amongst the partners and their teams for their clients benefit. Services and products offered are fully flexible there will be no expectation to conform to a certain product or pricing structure.

Region: Wairarapa

Phone: (06) 370 0811

BW Miller Dean Ltd

BW Miller Dean Ltd was formed on 1 April 2016 with the merger of two long standing Wellington chartered accountancy practices: BW Chartered Accountants Ltd and Miller Dean Chartered Accountants Ltd. 

BW Miller Dean pride themselves on building relationships based on trust with clients through personal, individual attention, and always being available to help their clients with specialist Accounting or Finance functions when needed.

Region: Wellington

Phone: 04 910 3340

Marshall & Heaphy Limited

Central to the culture of the team that has been developed over their history, is the belief that successful and sustainable businesses are the backbone for the West Coast community. Great businesses create jobs, keeping people and family together on the Coast, building a sustainable community.

Region: West Coast

Phone: 03 768 7186