Tips on setting SMART business goals

set achievable goalsThe start of a new year typically sends business people into the frenzy of setting goals.  Unfortunately, while many are excited to succeed they  often also are too lazy to set attainable goals.

If you want next year to be impactful set achievable goals that help you strategize, manage your time, and lead towards desired end results. Of course, you can also get professional help if you’re still in college by buying term papers online with deadlines set that allow you to meet your assignment goals.

What is SMART Goal

A SMART goal is an acronym that stands for Specific, Measurable, Achievable, Relevant, and Time-based.

How to make your goals specific

It’s more likely to hear someone say they are going to increase revenue or grow their following on Facebook or YouTube. Such kinds of goals are not specific but are still worthy. To get more specific, have your goals aligned and specially designed like:

♦ Increase the revenue by 20% or setting the goal of returns to be $100,000.

♦ Build 5000 likes worth of following on Facebook

♦ Push website traffic to 10,000 per month

Doing this will make a huge difference. When you make your goals to be more specific, you can measure your success rate and can easily picture it.

Make your business goals measurable

Once you have made your goals specific, you will have already put some measurements ahead of your game. The skill needed to do this is identifying the metrics that are not obvious to assist you in locating the problematic areas. You can have a goal to boost your views by 5000 per month, and the metric you use here is monthly. Thee metric will tell you if you have achieved your goals or not and alternatively help you set smaller goals.

Make your goals achievable

You should align your goals and vision. These are two different factors when you are starting a business. You have the right to challenge yourself, but avoid setting the bar too high, which will see you fail. You will only get demoralized, and you may find yourself quitting before even starting well. Conduct a SWOT analysis to help you set your goals on an achievable scale.

Make your goals relevant

The question you should ask yourself in every business goal you set to know if it is relevant, is “why?” When you want to reach the milestones with the Facebook views we earlier talked about, you can have alternatives like increasing the brand visibility on the platform or have a set a reach for your clients.

Make your goals time-based

Now that you know what you want to achieve, the measurables you will take, and why they are vital to your business, you get left with a timescale. Adding it makes you have more specific goals, and it helps you plan your time and put up a firm strategy.

The next step for you is to have a plan on how to achieve your goals. Come up with a list of projects and tasks that you will want to do or complete and have a systematic approach to them. Say, you will want to break them down in days, weeks, months, or quarters.

Shift Frequency © 2020 – Tips on setting
SMART business goals

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