A Handy Checklist for the Forgetful Entrepreneur

The joy of entrepreneurship is that you literally get to march to the beat of your own drum sometimes. This can be a huge advantage or it can set many people back within a moment’s notice. When your creative juices are flowing and wonderful ideas are brimming to the surface, it can be very easy to forget some of the basics. Whether you’re looking to increase business sales or trying to stay on top of your taxes, you might need a gentle reminder now and again. Resort to this handy checklist whenever you feel like you’ve forgotten something and you will always stay on track.

Taxes, Taxes, Taxes

As a new financial year rolls around you start working out your profits and annual turnover, but what about your taxes? Even the most organized of entrepreneurs can suddenly forget to do their tax return, so don’t worry. If you’re wondering how to register for gst, you can find out everything you need to know online. Once you have successfully registered, you will find it much easier to deal with this important business process.

Meeting Your Deadlines

If you’re terrible at time management, then now would be the perfect time to get yourself a diary. A pile of post it notes on your desk won’t work for the long run, so you need to find a way to keep on top of your impending deadlines. If you need to set calendar reminders or phone alarms to keep yourself in check, then do it. As soon as you get into the swing of sticking to deadlines, you will always be prepared.

Focusing on Your Competition 

Having tunnel vision can work well for some entrepreneurs, but you shouldn’t forget about your competitors. It is easy to think that you are the only person fighting for the attention of your target audience, but you need to consider the others in your immediate industry circle. Take notice of their next moves and use this to your advantage.

Following Up With Your Clients

They have spent their hard earned money on your services or products, so now what? Your clients deserve to be treated well, so never forget the importance of following up with them. Don’t push them to the backburner, keep them in your good books and they will soon be coming back to you for more.

Being forgetful isn’t a trait to be embarrassed about; it’s a quirk that probably makes you incredibly creative and intelligent. However, your forgetful nature will soon come back to haunt you if you don’t stay on top of the basics. You need to file your taxes on time, meet important deadlines and stay in touch with your clients to maintain a strong relationship with them. As soon as you have mastered the basics, you will have more time to devote to expanding your business and developing new ideas. You won’t need to refer to yourself as a scatter-brained entrepreneur for any longer!