
Last week, I was sitting in a cafe with my friend Rakesh, a fellow entrepreneur. The coffee was strong, but the numbers in Rakesh’s financial statements? Not so much.
“So, how’s the year been for you?” I asked.
Rakesh sighed. “Revenue looks good, but where did all the money go? I feel like I worked all year, but I don’t see the profits I expected.”
I smiled. “Welcome to entrepreneurship. That’s exactly why financial clarity matters—especially at the end of the financial year.”
As an entrepreneur, your business isn’t just about making money—it’s about managing it well. The financial year-end isn’t just a tax deadline; it’s your chance to evaluate, reset, and plan for sustainable growth.
So before March 31st rolls in, here’s what every entrepreneur should focus on.
1-1-1 Breakdown: Year-End Money Moves
It’s easy to celebrate top-line revenue, but true financial health is in the bottom line. Are you just chasing sales, or are you actually keeping a solid profit margin?
→ Ask Yourself: Is your cash flow strong enough to sustain growth, or are you scaling at the cost of profitability?
Before the year ends, take a hard look at your numbers:
- Review expenses—What can be optimised or eliminated?
- Check outstanding payments—Are you chasing too many unpaid invoices?
- Tax planning—Are you making the most of deductions and benefits?
→ Do this now: Schedule a “Finance Check Day” this week and get clarity before the new financial year begins.
82% of small businesses fail due to poor cash flow management.
Tracking your finances isn’t just about taxes—it’s about survival and sustainable growth.
Next Big Leap (NBL): Take Control of Your Finances Before They Control You
The end of the financial year isn’t just about closing books—it’s about opening opportunities. Smart entrepreneurs don’t just track numbers; they use them to make bold, strategic decisions.
- Identify financial bottlenecks—cash flow gaps, overspending, or underutilized resources.
- Align your budget with growth—invest in areas that drive real impact.
- Plan for the next leap—whether it’s expansion, hiring, or optimizing profitability.
Your financial health isn’t just about survival—it’s the foundation for scaling your business. Take charge now, and set yourself up for a stronger, smarter year ahead.
Thanks for Reading!
Hey! I’m Alkesh Agarwal.
An entrepreneur and investor who believes that as we dive into 2025, let’s take bold leaps, embrace growth, and focus on what truly matters – Health, Happiness, and meaningful progress. Here’s to making every step of the journey count!
Read: Profit First by Mike Michalowicz —A game-changing approach to managing cash flow.
Watch: This TED Talk on financial discipline for entrepreneurs.
Try This Tool: Zoho Books or QuickBooks —Get a clear picture of your business finances before the year ends.
Numbers don’t lie—so make sure you’re reading the right ones. 📊🚀
