Tuesday, October 9, 2012

measuring company goals, always a work in progress

http://smallbiztrends.com/2012/10/measuring-your-company-goals.html
hello and welcome readers,
we are glad you are back to business with succinct news today ready to dive in to the post holiday work week! ugh.. 4 days with 5 days work. You definitely have to pay your dues!! Today we bring you an article that gives you some practical advice on keeping records and measurements of your company's goals and progress. We would like to thank susan Payton/ceo eggmarketing communications on small biz trends for sharing her brief but very relevant spin on measuring goals for your company.
Susan suggests that rather than creating a stanant business plan that you may forget to update you can simply revisit what you want for your company at the fresh start of the new year. Like Susan, i totally support the use of "spreadsheets" to effectively chart your activity with customers , action and follow up whether selling products or services. As a realtor, im a goal setting diva. Setting daily, weekly and monthly goals keeps me on track with a new start up and a second business opportunity so unless i am super organized and goal prepared, my time management would be "blown up" sky high! As susan states, measurement is good. What history and records that you collect can be used as a tool to predict if not forecast business and plan for the future. I once worked in a retail men's clothing store and the management was heavily depending on past sales to equal and exceed goals for future sales. Just as the stock market has peaks and valley's and patterns of business that become evident and can aid stock brokers with some certainty so does the record and history of sales give businesses realistic sales quotas. Amazingly, in new england there are many variables to the sale of certain products or services. The important thing is to be flexible , adjust your goals and stay on course to a plan. Just as business plans were meant to be changed to adapt to your ever-fluctuating objectives , so should the business owner be ready to shift focus or to revise goals that were set in the past year. It doesn't matter if you set goals jan. 1 or oct. 15 as long as you keep your goals in front of you every month and track how you are doing. View progress in the bigger picture and tweak goals. By paying attention to goals you are in a sense helping to achieve them! Susan has a great example of a spreadsheet with some practical categories to use for a spreadsheet when setting goals for the future.
As a realtor and green business founder, i can say that the "paperwork" is very important to staying on target. Keeping records is essential and adding services or trying out new ideas is very important to successful business. In slow economies, like the one we are experiencing now, some of the rules that were set in stone, no longer apply. I would say keep people first if you are in a service business like mine and always rely on customer feedback to shape your future business and policies. Always
take time to give your customers education, protection and a policy of priority. What you invest in People will always come back to your with referrals and boosted sales figures so while measuring your goals is very key, the quality of  your client relationship also drives business. I have never had a problem with adding business and I know those entreprenuers out there will benefit from this article and many succinct news business blogs that we publish. Its a challenging time for business but we can all take advantage of the "tools" of the trade to prosper..
this is detective sparks.. buzzing the grid for business success!
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until tomorrow.. make sure you catch the VP debate oct. 11.. Business policies in the white house have everything to do with small business!! Vote Romney Ryan nov 6, 2012 for a brighter small business future!!

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