How to Set Goals for your Business

Setting Goals for your Business

As the new year begins, it’s important to focus on ways to make your business better. The first step to improving your company is to set goals for the upcoming year. While it may be hard to predict the day to day work you’ll confront, planning your goals now will help you in the long run. After all, when you envision your future, you can achieve it.

SMART goals

You’ll want to begin this process with your SMART goals. They are:

  • Specific
  • Measurable
  • Attainable
  • Realistic
  • Timely

You’ll want to set a specific goal. Then, with that goal, make sure that it’s actually measurable and that you can achieve it. It can’t be out of reach. Is your goal realistic and does it apply to your company? Lastly, how long will it take you to see this goal happen?

After you put together your smart goals, take a look at what you’ve already done. This is known as surveying. When you look at this, you can move forward and see your company from all angles. It’s recommended that you write everything out on paper. If you don’t write out your progress, you can use survey websites. Some of these websites include:

  • Survey Monkey
  • Tiny Pulse

Once you’ve come up with some baseline goals, gather your team. You’ll want to get them involved and help plan out your goals. By bringing your staff into the planning process, everyone will know what the goals are. Your staff can add their own insights, which will help. When you do this, you’ll not only be keeping up with your customers needs but your team’s needs as well.

Also, put together a list of things that may hold your company back in the coming year. It’s will be very insightful to see what some of your upcoming challenges may be. If these roadblocks do occur, you’ve already come up with ways to combat them. You’re taking care of the issue before it snowballs into something major.

Take notice of the following

  1. Where Your Business is Currently At
  2. All of the Strengths and Opportunities Your Business Will See
  3. Any Weaknesses or Threats That May Hinder Your Company’s Growth 

Here’s the full blab with Jessica and me. Enjoy!

Remember to join Jessica and me live on Blab every Tuesday afternoon at 4pm for Magnet Marketer.