EOFY Check-In

As the end of the financial year approaches, it’s easy to stay focused on the day-to-day - finishing jobs, chasing invoices, keeping things moving.

But March is also a natural point to step back.

Before the new financial year begins, taking a moment to review how things have actually tracked can make a real difference to how you plan (and perform) in the year ahead.

Here are five simple questions worth asking.

1. Are you where you expected to be?

Think back to the start of the financial year - what did you expect revenue, workload, or growth to look like?

• Are you ahead, behind, or about where you thought you’d be?
• If things are off track, do you know why?

This isn’t about judgement - it’s about understanding what’s actually driving your numbers.

2. What surprised you this year?

Most businesses have had a few curveballs this year - whether it’s rising costs, slower payments, or shifts in demand.

• What caught you off guard?
• Were there costs or pressures that crept up over time?

These are often the things worth planning for more deliberately next year.

3. Is your cashflow working for you?

Profit is one thing - cash in the bank is another.

• Are you regularly tight between payments?
• Are debtors taking longer to pay?
• Are you comfortable with your current buffer?

For many small businesses (and especially in seasonal industries), cashflow is the difference between feeling in control and constantly chasing.

4. Are drawings or wages sustainable?

It’s worth checking whether what you’re taking out of the business aligns with what the business can realistically support.

• Are you relying on irregular or catch-up drawings?
• Is your structure still working for how the business has evolved?

A quick review now can prevent pressure building into the next financial year.

5. What needs to change next year?

This is the most important question.



Based on what you’ve seen this year:

• Do your prices need adjusting?
• Are there costs you can better manage or reduce?
• Is it time to invest (or hold back) in certain areas?

Small, intentional changes now can have a big impact over the next 12 months.

EOFY isn’t just about getting everything filed and finalised -it’s an opportunity to step back and make more informed decisions for the year ahead.

Even a short review now can help you:

• Avoid repeating the same challenges
• Plan with more confidence
• Start the new financial year on the front foot

If you’d like help working through your numbers or sense-checking your position before year-end, we’re here to support you.