Q4 Is Officailly Upon Us, Are You Preparing For Q1 & Q2, 2008, Yet?

When talking shop, executives tend to break down the year(s) into quarters so as to better report the earnings (and expenditure) for a set period of time. While these quarterly reports serve as good sources of information for investors, they, too, serve as a means for businesses to analyze their performance and overall progress for any set period of time.

In addition to planning (and reporting) on a quarterly basis, it is also common practice to make note of the calendar events throughout the year that tend to affect (and/or drive) overall business projections (i.e. back to school, Christmas season, national holidays, sports events, etc).

Whether a public company complying with the Sarbanes-Oxley Act or a privately held company complying with executive standards, planning and reporting are customary practices that help to better keep priorities in place while making certain that business is in line and in conjunction with all goals, aspirations and expectations set forth.

Q1 - January, February, March
Q2 - April, May, June
Q3 - July, August, September
Q4 - October, November, December

How’s your planning? Are you ready for the holiday season? Care to exchange some ideas?

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