How to Prepare Your Business Goals for the Following Year

Probably you as an entrepreneur are making decisions about your business goals for the following year. If this is the case, then now is the perfect time to start making some critical checkpoints before you start your plan to accomplish the goals.

Each year we want to make something better from last year. We set up new milestones for us and our business. We set up our business goals because we need accomplishments. Also, we want to make something worth it for us, and we want to become better. We want to improve our business. And, we always want something more. That’s the core of our nature as human beings.

How to Prepare Your Business Goals for the Following Year

However, sometimes we can find ourselves lost trying to achieve our goals.

Let’s make the last realignment of the following year’s goals for your business.

#1 Are Your Business Goals SMART Goals?

You don’t need any goals, only to say that you have goals. Your goals will need to be SMART goals if you want to succeed as an entrepreneur. You need to check again for the last time before you accept the final business goals. Are they SMART? Answer the following questions:

  • Are they specific enough?
  • Can I measure progress that I make implementing action steps to achieve them?
  • Are they really achievable so my business can easily achieve them?
  • Also, are my business goals realistic?
  • Are they time-Limited?

Probably, you have already thought about this, but in the last several days, many industry experts write about some new possible trends in different industries. Why don’t you check for the last time before your objectives become final?

You need to check that your objectives correlate with the trends that industry experts predict and expect for next year.

#3 Are Your Business Goals Something Supported With Your Strengths?

You are the best at something. Your company has something that other people and competition cannot easily copy. Your most significant strengths can help you and your business to accomplish your business goals for the following year. So, you need to base your business goals on your biggest strengths as a company and a person, an entrepreneur.

#4 What About the Numbers From Last Year?

As a final check before you accept your new business objectives is to check them with the numbers from the last year.

  • What was accomplished by my small business last year and why?
  • Is there something that was not accomplished last year and why?
  • What you can improve about your business accomplishments in this new year?
  • Are there some mistakes that you make last year that needs to be escaped in the following year?
  • What are the biggest reasons for mistakes and problems in your business? Can you eliminate them and how?

If you are serious about your goals, drop the conditions. Go directly to your goal. Be your goal! Conditions often disguise strategies for escaping accountability. Why not just take charge and create the experience you are looking for?

– Eric Allenbaugh

Dragan Sutevski

Posted by Dragan Sutevski

Dragan Sutevski is a founder and CEO of Sutevski Consulting, creating business excellence through innovative thinking. Get more from Dragan on Twitter. Contact Dragan