Sunday, January 4, 2015

Setting Goals for Your Business in 2015

The dreaded New Year's Resolutions....

We have all done the usual broad personal resolutions: lose weight, save more, spend less... Have you ever analyzed how many of your personal resolutions have been successful?  According to Forbes, only 8& of people actually achieve their New Year's Resolutions! Why? Because there is no method of setting an achievable, measurable goal.

For example, if you set to resolve "to lose weight."  This term is broad.  However, if you set to lose 10 pounds in 6 months by going to the gym Mon/Wed/Fri for 60 minutes, eating out only 5 times per month, making frequent grocery store trips to ensure fresh fruits and veggies for healthy eating; Now you have an achievable measurable goal.

This same principal can be applies to your business.  Although it takes more time on the front end to strategically plan out your goals, in the long run you will increase your success rate of accomplishing your goals 10 fold.



If you have trouble goal setting as many people do, try setting your goals using the SMART method.

Specific
Measurable
Attainable
Relevant
Time-bound

Taking our same goal of "weight loss" from above you can quickly see how breaking this down in to:

Specific: lose 10 lbs in 6 months
Measurable: 10 lbs in 6 month
Attainable: Work-out 3 x per week; eat better
Relevant: Eating out 5 times per month; frequent grocery store trips
Time-bound: 6 months

This takes a simple task with no limits of "weight loss" to very specific goals and limits.

Try starting 2015 off with setting SMART goals for your small business.  urBook$ can assist with your small business bill pay, account ledger, payroll and bookkeeping.  Taking these tasks and achieving your SMART goals for 2015!

Call urBook$ today to start your journey as a urBook$ client and experience the urBook$ difference today!

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