September 30: End of Q3
September 30, 2025 marks the end of the third quarter (Q3) of the business year, a critical point for reviewing performance and planning the next steps. Businesses together with business and business strategy consultants in Cyprus have the opportunity to evaluate their progress so far and prepare properly for the last quarter, which often determines the final financial picture of the year.
Reviewing the Q3 results is the first step. Analyzing team sales, operating expenses, and performance reveals the trends, successes, and hurdles faced. It is also time to reassess the targets set at the end of the second quarter (Q2). According to a PwC study, businesses that review each quarter report up to 15% higher profitability year-on-year.
Upon completion of the review, businesses should focus on developing strategies for the fourth quarter (Q4). The last month of the year often includes increased demand due to holiday seasons and planning for the next fiscal year. Sales can be boosted through targeted marketing and product promotion campaigns, especially for retailers or service companies.
In addition, drawing up a realistic budget for Q4 is essential. Focus on managing cash flow and avoiding overruns, while emphasizing investing in areas that promise immediate returns, such as technology upgrades or employee training.
Finally, it is important to consider relationships with customers and partners. Maintaining close contact with key customers and exploring opportunities for new partnerships can enhance business stability and lay the foundation for a successful new year.
The end of Q3 is the right time for introspection, action and strategic thinking. Good preparation and targeted actions for Q4 can ensure business success, while performance review provides valuable lessons for its long-term growth, essential for proper strategy development by consultants.