How to Set Simple Small Business Goals for Next Year
The New Year is right around the corner, which means, if you haven’t already, it’s time to focus on New Year’s resolutions — and not just personal ones; but business goals that will propel your income and structure your new company for long-term success.
What Are Your Goals for Next Year?
What do you want to have accomplished in your business by next year this time? How many new clients do you want to have on board? What new policies and procedures do you want to have implemented? How much more do you want to have added to your financial bottom line?
Goal setting is a must in business if you want to be successful. Not setting goals is the equivalent of getting into a car and driving, driving, driving, without knowing where the heck you’re headed. You’ll get somewhere; but will it be where you want and need to be?
As you prepare for next year, plan to sit down and hash out some goals for next year for your small business. It doesn’t have to be a fancy, formal plan with charts and graphs and big projections. (That very thing keeps a number of people from simply acting in setting goals.) Your small business goal setting plan can consist of a list of statements outlining about your small business goals. Here are some examples for setting goals for your business. See the list below …
Simple Small Business Goal Setting Examples
Here are some simple examples directly related to the foreclosure cleanup industry:
- By December 31st of next year, I want to have a minimum of twelve new foreclosure cleaning clients (one per month).
- Before June 30th of next year, I want to have had three press releases about the foreclosure industry picked up in the local newspaper (with my company name as author).
- By the end of March (end of first quarter), I want to be set up on QuickBooks or something similar.
- Before the end of January, I want to have opened my foreclosure cleanup small business checking account.
- At the end of February, I will have set up a general business cleanup portion of my company that (see http://www.foreclosurecleanup.biz versus http://www.recleanup.com) and have ordered separate business cards for that portion of my company. (See Foreclosure Cleanup Guide on why and how to do this: http://www.e-junkie.com/stonecottagebooks/product/58348.php).
- I will attend one free Chamber of Commerce meeting before February 15th and introduce my foreclosure cleanup business.
- Before the end of January, I will have designated a separate, formal work area for my cleaning business in my home.
- At the end of April, I will have a database of 500 realtors that I reach out to regularly reminding them about my trashout company.
- By the end of next year, I will have five regular real estate industry contractors I can subcontract work out to.
- By the end of the second quarter (June 30th), I will have completed 10 property preservation vendor applications.
Driving “with” Direction
With the examples above, you get the idea with simple goal setting. Your goal planning can be as simple or as complex as you’d like it to be. But you must create goals so you’re not just “driving around in your car” with no direction at all. Pull out a sheet of paper or open a new file on your computer and jot down some goals for next year. (See EZ Small Business Goal Setting Template at http://www.e-junkie.com/stonecottagebooks/product/483807.php). Tweak them over the next couple of weeks so when your mouth your New Year’s resolution on New Year’s Eve, part of it can be, “Complete the tasks on my small business goals sheet.”
7 Habits of Highly Successful People
The popular “7 Habits of Highly Successful People” have goal setting, writing things down, laced in two of its fundamental principles. I’ve highlighted them below.
- Habit #2. Begin with the end in mind. What Habit #2 means: You can visualize the future that you want to achieve. You have a clear vision of where you want to go and what you want to accomplish.
- Habit #3. Put first things first. What Habit #3 means: You live a disciplined life. You focus heavily on highly important but not necessarily urgent activities such as “building relationships, writing a personal mission statement, long-range planning, exercising … preparation–all those things we know we need to do, but somehow seldom get around to doing, because they aren’t urgent.”
To finish reading “7 Habits of Highly Successful People” excerpt, see http://www.zampellagroup.com/resources/articles/Covey%27s%20Laws%20&%20Principles.pdf. (Source: Covey’s Laws & Principles)
Good luck to you with your goal setting for next year!
EZ Small Business Goal Setting Template, http://www.e-junkie.com/stonecottagebooks/product/483807.php, $1.95
How to Position Your Foreclosure Cleanup Business for Long-term Earnings, http://www.foreclosure-cleanup-blog.com/?p=6792
How to Get More Foreclosure Clean Up and REO Trash Out Business Using Free Chamber of Commerce Meetings, http://www.foreclosure-cleanup-blog.com/?p=85
How to Create a Quick, Effective Small Business Introduction Letter, http://www.foreclosure-cleanup-blog.com/?p=7853
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