The holidays feel busy and exciting.
But for many business owners, they also bring financial surprises.
Extra expenses. Slower payments. Seasonal purchases.
Without a plan, cash gets tight fast.
Ask yourself:
Do you enter the holiday season confident about your numbers, or hoping everything works out?
Profit planning now saves you from a year-end cash crunch.
Start by reviewing your year-to-date numbers
Look at:
- Revenue vs. goals
- Profit so far
- Monthly spending trends
- Outstanding invoices
This gives you a baseline. You can only plan well when you know where you stand.
Forecast your next two months
Ask these questions:
- Do you expect a dip in sales?
- Will clients delay payments during the holidays?
- Do you need seasonal labor or supplies?
Planning ahead helps you avoid surprises.
Set aside a profit reserve
Take a percentage of income each month and move it into a separate account.
Even a small monthly transfer builds a cushion.
You protect your business and your peace of mind when unexpected expenses show up.
Watch your expenses closely
Common year-end spending traps include:
- Extra marketing you didn’t plan for
- Holiday gifts or bonuses
- New tools and subscriptions
- Travel and events
Set spending limits before the season starts.
Decide what’s necessary and what can wait.
Collect payments faster
- Invoice promptly
- Send reminders
- Offer easy payment options
Cash flow support matters most during seasonal slowdowns.
Review taxes and year-end requirements
- Estimate potential payments
- Check payroll reports
- Prepare for 1099s
A short review now helps you avoid rushing during the busiest time.
Plan owner pay with intention
Don’t take what’s left after spending.
Decide your draw amount based on real numbers.
Protect your income first.
When you plan for profit before the holidays, you enter the new year strong instead of stressed.
You make decisions based on numbers, not hope.
If you want help reviewing your books and planning ahead, explore Cheryl’s bookkeeping services or reach out through the contact page to build a seasonal plan that supports your business and your income.
