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Business Year End

oboloo Glossary

Business Year End

Business Year End is the period of time when a business closes its accounting books for the fiscal year and reports its financial performance. This can be a stressful time for business owners as they must reconcile their accounts, assess their operations and make sure all taxes have been paid. It is also an important moment to review goals, assess progress and set new ones for the following year. At the Business Year End, businesses should celebrate their accomplishments, reflect on their accomplishments and look ahead at what lies ahead.

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