Five Ways to Welcome in a New Year: 2023

A new year is a perfect time for a fresh start for you and your business. Here are five ways to welcome 2023 and make it your best year ever.

1. Decide on a theme for 2023.

Setting a theme for the year can help you remember what you want to focus on. Some examples of themes might be:


  • Growth and improvements to your business. You can be specific, such as making your theme the year of mastering technology, the year of profitability where you focus on cutting costs or increasing sales, or the year of diversity where you focus on creating a diverse team.
  • Downsizing, cleansing or simplifying. Perhaps your business has grown so quickly that you need to sit back, de-clutter, re-design, or simply clean your office. 
  • Expansion. Is it time to launch a new service? 
  • Giving back. If everything is humming along, it could be time to start giving back to your profession or community.

From here, you can create a plan of tasks and timelines that are aligned with the theme you’ve chosen. 

2. Recharge your energy

In just 5 seconds, you can rob yourself of the joy you’ll feel if you take action or the success you’ll feel after taking a risk and having it pay off. The biggest risk? Not ever becoming who you want to be because you were afraid to take one simple step. That’s why you must start moving before your brain talks you out of it.

3. Learn from 2022.

If 2022 was a bumpy time for your business, it might be a good idea to perform a detailed review. This will help you learn what went wrong and explore why. Then, you can brainstorm ideas on how to avoid the pitfalls of 2022 as you move into 2023. Make it as informal as you want, or structured as an after-action review. 

4. Select a word for 2023

If setting a theme is too complicated, how about selecting one simple word for 2023? Here are some ideas:


  • Abundance (think big, go after large contracts and big projects)
  • Creativity
  • Powerful relationships (OK, that’s two words!)
  • Gratitude
  • Service
  • Humility
  • Forgiveness (especially good if you are in customer service or have difficult clients)
  • Fun
  • Helpful
  • Prosperity


I’m sure you can think of one that will be perfect for you. In the past, we have used words like Intentional and Process. Kellie Parks from the Workflow Watering Hole Facebook group, asks this question every year of her members. They used words like Rise, Prosper, and Realignment. Once you do, write the word on several sticky notes and paste it everywhere you work, maybe even at home. Your postings will serve as a reminder of what your intention is throughout 2023.

5. Make a profit plan (start with the end in mind)

Making a profit plan for the new year will help you hone in on the profit amounts that you want to achieve.


Understanding how much volume you need to reach and what you can spend will avoid surprises at year-end. At mid-year, it’s a good idea to see if you are on track for the rest of the year. 


Whether you do one or all of the ideas above, we hope you have an awesome 2023 and that it’s your best year ever. 

Our Latest Insight


By Alisa McCabe August 17, 2026
Between tracking fluctuating material costs, managing subcontractor fees, and juggling multiple active jobs, contractors face a unique set of financial complexities. At the heart of keeping these moving parts organized is the Chart of Accounts (COA), the foundational index of every financial transaction your business makes. For a contracting business, a well-structured COA does far more than just keep the tax preparer happy. It serves as the backbone for accurate job costing, allowing you to see exactly which projects are driving profits and which ones are eating into your margins.  This article will guide you through the essentials of building a specialized Chart of Accounts tailored specifically for contractors, highlighting the unique categories you need to track, and sharing best practices to streamline your bookkeeping and elevate your business insights.
By Alisa McCabe August 11, 2026
Fractional accounting gives your business a bookkeeper and controller for a flat monthly fee. Below you will find what it covers, what it costs, and how to know if it fits.
By Alisa McCabe August 3, 2026
In the contracting world, where projects can span months or even years, managing cash flow and financial reporting is a unique challenge. Unlike traditional businesses that recognize revenue at the point of sale, contractors must choose how and when to account for their income and expenses. Two of the most common frameworks used to navigate this are Progress Billing (often paired with the Percentage of Completion Method ) and the Completed Contract Method (CCM). Progress Billing allows contractors to invoice clients and recognize revenue incrementally as milestones are met throughout the project. Completed Contract Method defers all revenue and expense recognition until the entire project is officially finished.  Selecting the right method goes far beyond basic bookkeeping; it fundamentally shapes your tax obligations, cash flow health, and how creditworthy your business appears to lenders and investors. This article breaks down the core differences between these two methods, explores their pros and cons, and helps you determine which strategy is the best fit for your business.

CONTACT US

Contact Us