7 Things Your Startup Needs to Do before the Year Ends

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Bangalore: As we are near to the end of the 2012, it’s time to tie up any loose ends regarding your business. Ending the year the right way will give you a great start in the New Year.

Here are seven things every startup should do taking time out of this very busy time of the year:

7. Get Your Financial Books in Order

You need to know your business’ financial picture for the current year. If you haven’t done that, look into your books to determine how much you’ve made and how much you’ve spent in 2012. Whether you’re a solo freelancer or a business owner, you must get a handle of your business’ profit and loss before you move on with anything else.

6. Assess Your Tax Strategies

If, after organizing your books, you find a larger than expected profit, you may make any major purchases you need to while it’s still 2012.

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