26d • General discussion
Start 2026 Strong: Your First 90-Day Financial Plan 🚀
The first 90 days of the year shape the financial direction of your entire business.
With clean numbers, clear priorities, and intentional planning, Q1 can set you up for stronger cash flow, higher profitability, and smarter decisions all year long.
Here’s exactly what to focus on:
Your Q1 Financial Priorities
1. Complete Your Year-End Close
Accurate reporting starts with clean books.
Reconcile:
• Bank accounts
• Credit cards
• Payroll
• Loans
• Merchant processors
A clean close makes tax season faster and decision-making easier.
2. Refresh Your 2026 Budget
Update your budget using:
• Current revenue trends
• Staffing plans
• Cost increases
• Growth initiatives
A realistic budget prevents mid-year surprises.
3. Strengthen Your Cash Flow Plan
Cash flow — not revenue — drives stability.
Use Q1 to:
• Forecast expenses
• Prepare for slow periods
• Rebuild reserves
• Improve collections
Visibility creates control.
4. Review Debt, Pricing & Profit Margins
Analyze:
• Interest costs
• Margins by product/service
• Pricing accuracy
• Overhead reduction opportunities
Small adjustments here can dramatically improve annual profit.
5. Evaluate Systems, Processes & Staffing
Ask yourself:
• Are systems outdated?
• Are manual tasks slowing us down?
• Is it time to outsource bookkeeping or CFO support?
Better systems = better growth capacity.
Why This Matters
A clear 90-day plan gives you clarity, control, and confidence — and sets the tone for every decision you’ll make in 2026.
Want help building your Q1 financial roadmap?
At Smith CPAs & Associates, we help business owners create practical, growth-focused financial plans.
đź“… Book your free 30-minute discovery call and make your first 90 days your strongest start yet.
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Start 2026 Strong: Your First 90-Day Financial Plan 🚀
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