Business owners want their business to thrive and make a lot of money. No surprise there. But not every business takes the time to map out how they’re going to get there. This is where setting goals comes in. Tip Use the SMART model for establishing specific, measurable, achievable, ...
Having clear, focused business goals is key for the long-term success of a small business. SMART goals—specific, measurable, achievable, relevant, and timely—can help you measure success, stick to deadlines, and increase your overall success.
Many business owners, executives and managers have been taught over the years to focus on setting achievable goals in order to keep the organization motivated. If you had $100,000 in sales last quarter, setting a goal for $1.2 million next quarter could be demotivating. Consequently, an increa...
eCommerce is a fluid business and with that in mind, so your marketing should be too. Thus, as your move to establish your new business online, you and your marketing team need to employ a multifaceted approach to secure clients; one such tactic should be dynamic discounting. So, as you ...
Kick off a new year or when the time is right for you, with goals to get more from your job and business. You don’t need many goals; even if they are small, achieving them can have significant effects. Did you know that 80% of people fail with their New Year’s resolutions by ...
Why SMART goals are important for a business There are a number of reasons why organizations should set goals for employees, chief among them is to evaluate an employee's performance and to establish a definite roadmap for their progression. But vague, generalized goals will not have the desire...
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Hofstede, G.: 2009, `Business Goals for a New World Order: Beyond Growth, Greed and Quarterly Results', Asia Pacific Business Review 15(4), 481-488.Hofstede, G. (2009), "Business goals for a new world order: beyond growth, greed and quarterly results", Asia Pacific Business Review, ...
Goals & Objectives for a Cupcake Business. To create a viable cupcake business, plan to navigate your business to the desired level. Your goals should reflect what you desire to achieve, and your objectives should reflect those specific, measurable tacti
Small businesses are financial entities that must be fiscally self sustaining to continue operating, at least in the long term. Financial goals for a small business may involve achieving an attractive profit margin or reaching a specific tangible objective such as saving enough money to buy a parti...