2020 First Quarter Checklist
For Small Business Owners
At Comprehensive Consulting Solutions for Small Businesses, we help our consulting and coaching clients with reminders that pertain to their small businesses. We send updates, news, and reminders through meetings, calls, and newsletters. As business management consultants, it is our job to ensure our clients are informed and thinking about items that could affect their businesses.
We have put together a generic checklist for Arkansas business owners to review and complete in preparation for second quarter. We also included resources for the topics in the checklist and other blog posts that may be helpful to your small business.
Comprehensive Consulting Solutions for Small Businesses – 2020 1st Quarter Checklist for Business Owners
Goals
Goals for 1st quarter and Year-end
On Pace to Achieve 1st quarter Goals and year-end goals?
Activity and Sales
Leads, quotes, close rate or other measurements –
Goal and % to Goal –
Sales or Revenue YTD –
Goal and % to Goal –
Expenses
Expenses YTD –
Profit
Profit –
Goal and % to Goal –
SWOT
What opportunities were taken advantage of or challenges that were overcame in first quarter 2020? Any still in progress that will run into 2nd Quarter?
Any current opportunities, threats, or trends that could impact business results?
Employees
Employees – Have additional need? What is the plan to recruit, on board, and hire?
Any additional training needed?
Tax, Licenses, & Assessments
Are there any insurance, licensure, or related items coming due next quarter?
Quarterly Taxes Calculated and Scheduled to be Paid – if applicable
Mailed Business Personal Property Assessment
Paid the Arkansas Franchise Tax
Resources
How to Prepare a Profit and Loss Statement
Profit & Loss and Balance Sheets
Learn How Goal Setting Can Help You Create a Compelling Future
What is Goal Setting and How to Do it Well
SWOT Analysis: Strengths, Weaknesses, Opportunities, and Threats
Corporate Franchise Tax Arkansas
Arkansas Franchise Tax and Annual Report Service & Filing Instructions
Blogs that you may find helpful
How Business Consulting Can Help your Small Business
Business Planning 2020
If your business needs guidance on how to set or measure goals, how to determine what tactics need to completed to reach goals, or anything listed in the 2020 1st Quarter Checklist, please call (479) 935-2488, text (479) 439-8844, or email a Small Business Consultant today to schedule a free consultation!
Comprehensive Consulting Solutions for Small Businesses is a Fayetteville, Arkansas based business consulting and business coaching firm that focuses on the needs of small businesses. We offer consulting and coaching solutions for an upcoming change or transition, current obstacle or challenge, or current/upcoming opportunity. We help business owners maximize revenue and increase operational efficiencies in a variety of areas within the small business puzzle – including operations, marketing, business planning, retention, sales, recruiting, processes, and more.
