Posts Tagged business
One of the first steps for any successful business plan is setting goals. For a truly successful business, those goals must be S.M.A.R.T. This means all goals must be Specific, Measureable, Attainable, Realistic, and Timely. Especially when you are dealing with abstract concepts like brand awareness or social media, SMART goals help you define exactly what you hope to do so you’re not throwing money at something that isn’t working. It may seem like a lot of work to come up with SMART goals but it will pay off in the long-term success of your business.
Specific goals go into great detail. What exactly are you trying to achieve? How do you define improving sales? Are you looking to increase online sales, in-store sales, or both? Are you hoping for a certain percentage increase or a specific amount over last month, last quarter, or last year? The more specific your goals are, the easier it will be to assess your goals later on. A vague goal will only raise more questions where a specific goal will show clear-cut success or failure because it is…
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