Samantha Park, CA’s Post

Christmas in September? Smart businesses plan early for holiday cash flow crunches. While everyone else is thinking about spring cleaning, savvy business owners are already planning for the festive season. Why? Because whether December brings a sales boom or a slowdown, it pays to be prepared. Now is the perfect time to: 💥 Analyse last year's holiday performance 💥 Forecast this year's cash flow needs 💥 Start conversations with suppliers about stock and payment terms If you're in retail or hospitality, consider: • How much additional inventory will you need? • When will you start seasonal hiring? • What's your marketing budget for the holidays? For B2B and service businesses: • How will you manage if clients pay slowly in December? • Can you offer any seasonal services or promotions? • Is there year-end software or equipment you should budget for? All businesses should consider building a cash reserve for any lean times or unexpected expenses. Planning in September gives you time to secure financing if needed, negotiate better terms with suppliers, and fine-tune your strategy. Book a session with us to create your holiday season financial game plan. Your future self will thank you when you're sailing smoothly through December. #HolidayPlanning #CashFlowManagement #BusinessStrategy

Stay on budget this holiday season using these helpful tips! 💸 1️⃣ Reanalyze your budget and decide the new total for the month. Consider all aspects of holiday spending and allocate more spending room from other areas, if possible. 2️⃣ Be specific in your holiday shopping list and STICK TO IT! Bring the list with you to every store to ensure you only purchase what you need. 3️⃣ Stores use strategic tactics, such as product placement and combo deals, to get you to buy more. Be aware of these tricks! 4️⃣ Nearly 50% of Americans consider buying themselves a gift during the holidays. Resist the urge and prioritize spending elsewhere! 5️⃣ Keep a close eye on your spending – Consider gas costs, wrapping paper, food, and more when tracking your holiday expenses for accuracy. 👉 Follow us for more financial tips! #BFGFinancialAdvisors #FinancialPlanning #Christmas #HolidaySpending #ChristmasBudget #Budgeting #PersonalFinance #SavingsPlan #FinancialAdvice #ChristmasList #ShoppingList

🎄 Is your business ready for the Christmas season? 🎄 As the holiday rush kicks in, managing cash flow and planning effectively can be the difference between a successful season and a New Year headache. From cost pressures and discount strategies to the post-Christmas cash flow crunch, now’s the time to make sure your business has a plan in place. Check out our latest blog post for practical insights on navigating the holiday period: https://hubs.la/Q02XQv8x0 Whether it’s stock management, keeping cash flow steady, or preparing for the quieter March quarter, a little planning can go a long way. Let’s make this holiday season a win! 💪✨ #BusinessPlanning #CashFlowManagement #ChristmasReady #TrekkAdvisory

It's the December 2nd Already: How did that Happen? The festive season is almost upon us. The time of year when many businesses face their biggest challenges. Whether you are preparing to shut down or ramp up business, cash flow is important to cover operational costs, inventory, holiday wages, and ensuring that your team is rewarded for their hard work: parties, bonuses, etc. So, what can you do to boost your cash flow and set your business up to start 2025 off on the right foot? 💼 Contact NoBnk! Let’s make this holiday season an enjoyable and successful one for your business! #christmas #cashflow #businessfinance

The holiday season can bring joy—and a little spending stress. With last-minute shopping and holiday plans, it’s easy to let the budget slip. But a few mindful choices can help you enjoy the season without the January regrets. Here are some quick tips to stay financially merry and bright: 🎁Set a gift budget and stick to it. 🎁Embrace thoughtful over pricey when giving. 🎁Plan for seasonal expenses like travel or dinners. Small adjustments can make a big difference! Wishing you a joyful, stress-free holiday season. 🎉 . . . #HolidayBudgeting #FinancialTips #SmartSpending #FinancialPlanning #HolidaySeason

🎄 What makes or breaks Christmas for businesses? 🎄 With holiday demand surges, staffing challenges, and increased competition, the festive season can be both rewarding and risky. Our latest article dives into essential insights to help you prepare and thrive this Christmas! 🎅📈 Read more 👉 https://lnkd.in/g4K8hrTa #ChristmasStrategy #BusinessSuccess #FortisAccounting #HolidayPlanning

🎄 Getting Your Business Financially Ready for the Holidays: Smart Moves to Save More This Season 🎄 With the holiday season fast approaching, it’s easy for businesses to get caught up in the rush of year-end sales, events, and team celebrations. But it’s also the perfect time to make sure your finances are on track and set up for the season ahead. Here’s how a little preparation now can help you save and start the new year off strong! 💼✨ 1. Seasonal Budget Adjustments 2. Review Cash Flow Needs 3. Holiday Bonuses & Employee Perks 4. Invest in Last-Minute Equipment or Tech Upgrades 5. Seasonal Inventory Management 6. Marketing and Customer Engagement 7. Tax Planning Ahead of the New Year The holiday season is a time for celebration, but it’s also an opportunity to streamline your finances and keep your business in top shape. Let’s connect if you’d like a holiday-ready financial strategy that helps you save now and thrive in the new year! 🌟 #HolidayReadiness #BusinessFinance #CashFlow #SeasonalSavings

Managing Cash Flow in Your Business: The festive season can be a challenging time for cash flow, with extra expenses, seasonal slowdowns, and potential late payments from clients. Here are some strategies to keep your cash flowing smoothly as Christmas and the New Year approach: 📊Understand Your Cash Flow Cycle Track the timing of your cash inflows and outflows, especially during the holiday period where they may be disrupted due to public holidays and businesses shutting down over the Christmas, New Year period. 💰Adjust Your Pricing Strategy Make sure your prices reflect the true value of your products or services. Don’t be afraid to adjust prices in response to increased costs, but remember to communicate with customers about why the changes are necessary. 🏦Look into Flexible Payment Options Business credit cards and unsecured lines of credit offer flexibility to cover extra holiday expenses without putting immediate strain on your cash reserves. 💸Stay on Top of Customer Payments Late payments can create a cash crunch, especially during the holidays. Set clear payment terms, request upfront deposits, and consider offering early payment incentives to ensure steady cash flow leading into the new year. Plan for Holiday Spending 🎁 Anticipate additional expenses around Christmas and New Year. Budget for holiday bonuses, marketing campaigns, and extra inventory if applicable. Managing cash flow during the holidays is crucial to finishing the year strong and starting the New Year with confidence! 🎉 For information on setting up a cash flow statement go to ➡ https://lnkd.in/g5aGktkQ #CashFlow #SmallBusinessTips #HolidaySeason #ChristmasPlanning #BusinessTips #CashFlowManagement #SmallBusiness #FinancialPlanning

#DidYouKnow the average American spends over $1,000 on holiday gifts each year?! If that number sounds familiar, We have you covered with some budgeting tips to keep your holiday spending in check while still spreading the joy. Learn how to manage your holiday finances and start the new year stress-free! 💸 ▪️ Set a Holiday Spending Limit: Determine how much you can realistically spend, and stick to it ▪️ Make a Gift List with Prices: Avoid surprises by setting price caps for each person on your list ▪️ Use Cash When Possible: Paying in cash can help you stay within your budget and avoid credit card interest ▪️ Hunt for Deals Early: Many stores offer early holiday sales—start shopping now to find the best deals ▪️ Track Your Spending: Use a budgeting app to track every purchase so you stay within your limit Schedule a 𝐟𝐫𝐞𝐞, 𝐧𝐨-𝐨𝐛𝐥𝐢𝐠𝐚𝐭𝐢𝐨𝐧 meeting with our experienced team! ☎️ (802) 857-5083 🖥️ https://loom.ly/oDBcpLI Disclaimers: https://loom.ly/ZFP1RjM

🌟 Plan Ahead for a Stress-Free Festive Season! 🎄📊 As the festive season approaches, it’s not just time to plan holidays and celebrations—it’s also the perfect time to review your cash flow forecast, especially if your business has a shutdown period during this time. ✅ Why is it important? Seasonal shutdowns can create gaps in cash inflows, but expenses like wages, rent, and supplier invoices often continue. Planning ahead ensures you have enough reserves to cover commitments and avoid any surprises. ✅ What should you consider? Projected Income: Will revenue drop during your business closure? Expenses: Which costs will still need covering, even when operations pause? Staff Wages & Leave: Ensure adequate cash flow for holiday pay or leave entitlements. January Restart: Budget for a smooth return when operations resume. ✨ Our Advice: Take the time now to review your cash forecast and identify any potential gaps. If you’re unsure where to start, we’re here to help! #CashFlow #FestiveSeasonPlanning #SmallBusinessTips