Cashing in on the Christmas calm

Even over the Christmas period family businesses never really shut down - there's always tinkering, planning or chasing debtors to keep owners busy. Mishandling this period could risk your March quarter.

Most businesses shut down over Christmas but many of the small and family ones will still be operating over the holiday season. For some, it will be business as usual. Others will be putting in time to catch up on administrative work. Surveys over the years have found that while more than 90 per cent of Australian small business owners will be taking time off, most will still spend the down time dealing with old emails, general administration, finances, writing business plans, updating website content or looking at budgets for the next year.

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