The start of a new year is always the perfect time to reflect on the past year’s progress and for business owners to set proper business goals for the new year. The resolutions you create for your business should be impactful and have the potential to bring positive change.
These proper business goals can include:
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Managing your cash flow more effectively,
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Improving your online presence,
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Getting social in your business,
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Being more focused and becoming uber productive,
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Charging your worth,
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Growing your team,
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Becoming a better communicator and more
To set these goals follow these five golden rules of goal setting
Set SMART Goals
Proper and powerful goals are designed to be SMART; that is
Specific
Measurable
Achievable
Relevant
Timely
Specific goals are crystal clear and well defined. They are clearly outlined so that you know every path you must take to achieve them.
Measurable goals are quantifiable, this way you know what’s working and what needs tweaking. Being able to measure your goals also always you the chance to celebrate your successes.
Achievable goals attainable; setting goals you can’t achieve only leaves you feeling demoralized and dejected. Unachievable goals erode your confidence too.
Relevant goals set you on the right path for your life and business. Relevant goals help you stay focused and do what must be done to get the results you desire.
Timely goals have a deadline, this way you know if you achieved the goals you set for your business.
Be clear about what you want to achieve by making sure that you can measure your goals and know when you achieve them. Also, set the resources – time, money or both – you need to achieve your goals.
Write Down Your Goals
Write down your goals and describe where you’re going and what you’ll do to achieve them. This eradicates the chances of forgetting them.
Another means of helping you to remember your goals after you write them down is to post them somewhere you constantly visit in your office or home.
When writing down your goals, use words like “I will” instead of “I would” or “I might” because the word “will” carries power and passion in it.
Accountability
We work best when we know that someone will hold us accountable. Therefore, share your goals with your team and keep them accountable.
Anticipate Change
Goals are not static, they can change anytime. What seem like a great idea at the beginning of the year may not be so attractive by mid-year. You know that a goal needs to be reconsidered by making regular reviews to track progress and know if you’re on track.
When you find that you need to make some changes, encourage your team to do more of what works.
Commit Fully
Follow through your goals to ensure that they’re working. If you and your team don’t buy into your goals or are not committed to achieving them, then, achieving them will be difficult. So ensure that you and your team go all in on your proper business goals.
In conclusion, setting up proper business goals for the new year will help your business get to the next level. Use a solid framework to set realistic and smart goals for your business in the coming year.
