Cultivating Your Company's
companies start life as a business plan. Eventually, that plan
should evolve into a formal strategic plan document that lays
out key initiatives for the business over the next three to
Unfortunately, even when said document is created, that seed
planted in the ground often ends up largely ignored, untended
and malnourished. So how can you make sure to cultivate your
strategic plan so it grows with the company? Here are some
Your top managers must take the lead in collecting relevant
facts, setting priorities, weighing competing alternatives and
then making choices. And they need to be highly engaged in a
process of debate and discussion before decisions are made.
When the focus is on the process, not just the output, it's
easier to make it an ongoing effort. That's because managers
develop a deeper understanding of and buy into the analysis
and options that were considered in developing the strategic
plan. They'll also have a greater sense of ownership, and thus
be much more willing to keep it up to date.
Don't view strategic planning as simply setting long-range
goals. A good plan also includes:
Strategies (broad directions to achieve your goals),
Programs (shorter term actions required to implement
Metrics (such as incremental market share improvement),
Milestones (such as "opening a new store on the
In addition, accountability is key. Assign responsible
individuals to oversee each strategy or program. And regularly
assess their progress against the metrics and milestones.
prepared to pivot
Some businesses annually update their strategic plans, whether
necessary or not. Although this is better than doing nothing,
it may not be sufficient. Always be prepared to "pivot" - or
update your plan on the fly - should a market opportunity
develop. Need some help aligning your strategic plan with your
company's financials? Please contact us. Call us at
SMEED CPA Adds Financial
Services To Help Clients With
Investments & Insurance
often we here at SMEED CPA are asked about financial issues
that impact our clients investments and their portfolios.
We always offered our opinion and suggestions but in order to
help our clients actually execute the changes we suggest,
SMEED has created a Financial Services division.
SMEED Financial Services, Inc. will be able to
work with both individual and business clients on their
investment portfolios and manage assets on their behalf.
SMEED Financial will include Michael Uadiale,
ACA, CPA, CGMA; and Pablo Blanco who has
recently joined SMEED and comes with over 18 years of
financial sales and advising experience with affluent
Watch your inbox and mail boxes for more specific information
on services SMEED Financial Services, Inc will make available
Would You Give Me Your
Feedback & Testimonial
on Our Hotline?
Hello it’s Michael Uadiale, CPA of
SMEED CPA Inc. We’ve just installed a toll-free
number that I would like for you to call and tell me how you
think we are doing as your CPA firm.
Just dial 800-609-9006
extension 3638 and follow the instructions. If we’ve
done a good job please let me know. And if we can
improve on anything, please mention that too.
Us Be Found on
Also as we expand our business,
we find more and more people are using
YELP and Google
to look for us by searching Brentwood accountant or
When they do this we want to
be FOUND on GOOGLE. One way you can help us
is to give us an
ONLINE REVIEW on our Google Maps/Places listing --->
or on our YELP local listing
click here to go to our Google Listing for SMEED CPA and
click on the
YELP link to go there.
Scroll down to the Review area.
On either site it may say: Been here?
Rate and review
You will click on the Rate and
review link and then log in, then
give us a review!
You can choose between 1 and 5
STARS and write in what you think about the tax or accounting
work we have done for you.
It's that simple. Thank
you in advance for your help and cooperation!
As always you can call our offices if you have any
questions about these or any other accounting related issues, at
Regards, Michael Uadiale, CPA,
Managing Partner, SMEED CPA,