Time to review and plan for 2022!

Chartwell • January 1, 2022

What are your business goals for 2022?

The beginning of a new year, or season, is an excellent time to review the chapter just finished and reflect on what worked, what didn’t, what you’d like to change and new things you’d like to implement.

Last year, there were inescapable impacts on businesses, with some thriving, others failing, and others just getting by. So what kind of year was 2021 for your business?

Take the time to review the year and acknowledge all that has happened, good, bad or indifferent. Examining the year with an objective perspective can provide valuable insights to prepare for the next business year. Planning and goal setting will help provide a focus for your business efforts.

Your Yearly Business Review

  • What were the most significant impacts on your business in 2021? How well did you meet the challenges?
  • What worked well last year? What systems, technology, products or services were successful?
  • What accomplishments can you celebrate?
  • What situation, event or experience provided the biggest learning opportunity?
  • What is the biggest challenge or frustration you face as you prepare for 2022?
  • What did you most enjoy during the year? Do more of it. What did you least enjoy? Do less of it!
  • Analyse your financial reports. Are you earning what you’d like to? Is the business sustainably profitable?


Get Ready for a Great 2022

While there are many metrics you could evaluate to track business performance, we’ve given you just a few ideas to inspire your business planning for 2022.

If you’d like to chat about what you can do differently this year to enable your business to thrive, book a time with us today.

By Anna Stubbs August 21, 2025
Whatever stage you’re at in the business journey, having an injection of additional working capital is always welcome. Being able to borrow money and take on managed debt in the business is what allows you to fund the next stage in your growth. But how does your credit profile affect your ability to borrow as a business? And what types of debt financing will help you expand, grow and scale up the company? Let’s explore the impact of your risk rating and the types of finance that may be available  Your credit profile: and how it impacts your ability to borrow Your credit profile is a measurement of your risk as a borrower. It’s how banks and specialist business lenders assess whether you’re a good business to lend to. Lenders want to know you have the revenue and cashflow needed to repay a loan. This will generally be assessed based on your business credit score and your overall financial health and forecasted business performance. With a good business credit score, your application for a loan is more likely to be accepted. With a poor credit profile, those doors to potential lending are more likely to be closed.
By Anna Stubbs August 21, 2025
Having proper control of your business finances is a big advantage. It helps you make well-informed business decisions and keeps your organisation profitable. With so many digital tools for managing your bookkeeping, accounting and management reporting, it's never been easier to manage, track and forecast your financial position. But what are the main tools you need? And how do you set up your financial systems, apps, processes and reporting to put yourself back in the finance driving seat?
By Anna Stubbs August 21, 2025
Have you ever wondered about the best ways to protect you and your business? In this series, we’ll look at the key ways to use trusts, insurance and risk-management techniques to protect both your personal assets and the future of the company. In this article, we’ll look at how you can use a trust to shelter your assets.