At Hills Accountants in Hobart, we would like to share a secret with you.
Do you know what’s great about Christmas movies?
The secret is that, under all the snow, singing, and questionable jumpers, they’re secretly full of business and money lessons.
Let’s unwrap a few.
1. Home Alone — Planning prevents chaos
Kevin’s family forgets one thing: the kid.
Small oversight., right?
The message?
When you’re rushed, things slip through the cracks.
In business:
- Rushed bookkeeping leads to missed deductions
- Rushed invoicing delays cash flow
- Rushed stock orders create shortages
A little planning saves a lot of McCallister-style panic.
2. The Grinch — Money problems grow when people don’t communicate
The Grinch didn’t hate Christmas.
He hated chaos, noise… and probably overdue notices.
If your business doesn’t have clear communication around:
- budgets
- spending limits
- staff rosters
- deadlines
- responsibilities
…you’re setting yourself up for a Grinch Christmas.
Talk early. Plan early. Avoid drama later.
3. Die Hard — Always be ready for the unexpected
No, it’s not a Christmas movie argument. It IS a Christmas movie.
John McClane teaches us the value of having an emergency plan.
Small businesses need one too:
- backup savings
- insurance
- contingency suppliers
- cyber protection
Business.gov.au has a great guide all about Risk Management
Because sometimes Nakatomi Tower moments happen in real life (ideally, minus the explosions).
4. The Santa Clause — Read the fine print
If Scott Calvin had read the contract, he’d have known he was about to become a 1,200-year-old toy magnate.
Small businesses sign things all the time:
- leases
- supplier contracts
- finance agreements
- insurance policies
- software subscriptions
Fine print can be a blessing or a budget-buster.
ALWAYS, have an accountant look over the big stuff — ideally before signing, not after discovering a clause in size 3 font.
Final thought
Christmas movies might not be about money… but their lessons are perfect reminders for small business owners heading into a new year. A little planning, clear communication, and thoughtful financial decision-making can keep your business running smoother than Santa’s sleigh.
Remember, this article is general in nature and doesn’t take into account your specific objectives, financial situation, or needs. For advice tailored to your circumstances, have a chat with us at Hills Accounting Hobart.
Talk to Kathy and the team today and stay ahead with Hills Insights.
Call Now! 03 6273 7800, or email admin@hillsaccounting.com.au.