Un-Billable Hour: Business Management Strategies for the Busy Lawyer Around the Community Table Community Table: 2024 Year End: What’s Your Business Plan for 2025?
Nov 12, 2024
28:56
In this episode’s discussions around the Community Table:
- Returning Guest Danielle Hendon, CPA, founder of 4 Corners CFO, explores what lawyers and law firms should, and should not, be doing in the fourth quarter of 2024. Learn the common mistakes firms make as the year winds down.
- Take the time to understand the story your business “numbers” are telling you. Do you see where your business is going and what you should be thinking about as you forecast for next year? Be intentional about your growth. Don’t let things “happen to” your firm, make them happen.
- It’s OK to spend as needed at the end of the year, especially if you’re thinking of taxes. But you’ve got to be looking ahead, too. What’s important, how do you manage a budget, understand what’s budgeting and what’s forecasting? Don’t spend just for short term tax advantages, plan for the unexpected too.
Mentioned in This Episode:
4 Corners CFO, “A Framework to Reveal Your Path to Profit”