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Happy New Year’s Eve? Many Business Owners Dread It — Here’s Why.

By December 20, 2022No Comments

For most people, New Year’s Eve is a big night of celebration, a chance to end the holiday season with a bang, a time to reflect on the year before and to make resolutions about the year ahead. But unfortunately, for some of my clients, New Year’s Eve is not a celebratory occasion. Some would even regard it as the worst night of the year. But, why?

Step 1: Determine your overhead for the next 90 days

Step 2: Agree on a reasonable estimated margin — or two

Step 3: Now the “hard” part: Forecast your cash sales

Step 4: Consider any extraordinary items

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