{"id":619,"date":"2015-12-02T10:00:08","date_gmt":"2015-12-02T16:00:08","guid":{"rendered":"https:\/\/www.headwaycapital.com\/blog\/?p=619"},"modified":"2020-10-05T16:34:39","modified_gmt":"2020-10-05T21:34:39","slug":"how-to-develop-business-goals-for-2016","status":"publish","type":"post","link":"https:\/\/www.headwaycapital.com\/blog\/how-to-develop-business-goals-for-2016\/","title":{"rendered":"How to Develop Business Goals for 2016"},"content":{"rendered":"<p>\u2018Tis the season for holiday planning, promotional sales and thinking about your small business goals for the coming year!<\/p>\n<p>In the ever-moving small-business bustle, it can sometimes feel daunting to look too far ahead. Even forecasting beyond the end of the week can seem unnerving when you\u2019re caught up in the daily operations and tasks your small business requires.<\/p>\n<p>However, properly developing your small biz goals far enough in advance is a necessary component to moving forward and ultimately, achieving success for your business and its vision. We\u2019ve outlined a few steps to help develop your goals for 2016.<\/p>\n<p><a href=\"\/blog\/wp-content\/uploads\/sites\/5\/2015\/10\/173-HC-\u2013-How-to-Develop-Business-Goals-for-2016_1a011.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-621\" src=\"\/blog\/wp-content\/uploads\/sites\/5\/2015\/10\/173-HC-\u2013-How-to-Develop-Business-Goals-for-2016_1a011.jpg\" alt=\"How to Develop Business Goals for 2016\" width=\"792\" height=\"4100\" srcset=\"https:\/\/www.headwaycapital.com\/blog\/wp-content\/uploads\/sites\/5\/2015\/10\/173-HC-\u2013-How-to-Develop-Business-Goals-for-2016_1a011.jpg 792w, https:\/\/www.headwaycapital.com\/blog\/wp-content\/uploads\/sites\/5\/2015\/10\/173-HC-\u2013-How-to-Develop-Business-Goals-for-2016_1a011-58x300.jpg 58w, https:\/\/www.headwaycapital.com\/blog\/wp-content\/uploads\/sites\/5\/2015\/10\/173-HC-\u2013-How-to-Develop-Business-Goals-for-2016_1a011-768x3976.jpg 768w, https:\/\/www.headwaycapital.com\/blog\/wp-content\/uploads\/sites\/5\/2015\/10\/173-HC-\u2013-How-to-Develop-Business-Goals-for-2016_1a011-198x1024.jpg 198w\" sizes=\"auto, (max-width: 792px) 100vw, 792px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Infographic Round-up<\/p>\n<p><strong>Step One \u2014 Set (SMART) Goals<\/strong><\/p>\n<p><strong>S-pecific: <\/strong>The more specific a goal, the more likely it will be achieved.<\/p>\n<p>Goals need to be more concrete and less abstract, with as many details as possible!<\/p>\n<p><strong>M-easurable: <\/strong>Attach a figure or value to your objectives.<\/p>\n<ul>\n<li>Want to increase sales? \u2014 <strong>By how much<\/strong>?<\/li>\n<li>Hiring new employees? \u2014 <strong>How many<\/strong>?<\/li>\n<li>Aiming to increase social? \u2014 <strong>On what platforms?<\/strong><\/li>\n<\/ul>\n<p><strong>A-ttainable: <\/strong>Make sure your goals are achievable and manageable.<\/p>\n<p>Assign certain tasks to certain people and break the larger goals down into smaller parts to make steady progress and build momentum<\/p>\n<p><strong>R-ealistic: <\/strong>Overshooting on a goal won\u2019t get anything done.<\/p>\n<p>Ask yourself:<\/p>\n<ul>\n<li>What are you capable of?<\/li>\n<li>What were you able to complete in the past?<\/li>\n<li>How big of a team do you have to get it done?<\/li>\n<\/ul>\n<p><strong>T-imely: <\/strong>Without a clear timeline, goals take much longer to get done.<\/p>\n<p>With no end date in sight, there is no urgency or pressure to encourage progress. A timeline with small targets throughout will allow you to track your success at each milestone.<strong>\u00a0<\/strong><\/p>\n<p><strong>Step Two \u2014 Focus<\/strong><\/p>\n<p><strong>\u00a0<\/strong>Setting too many goals in too many areas is counterproductive.<\/p>\n<ul>\n<li>Social<\/li>\n<li>Revenue<\/li>\n<li>New hires<\/li>\n<li>Prospecting<\/li>\n<li>Events<\/li>\n<li>New product<\/li>\n<\/ul>\n<p>Instead of tackling everything at once, focus on one area at a time to achieve your goals and to move business forward in the most productive way.<\/p>\n<p><strong>Step Three \u2014 Keep Track<\/strong><\/p>\n<p>In a survey of 300 small business owners, more than 80% said they don\u2019t keep track of their business goals, and 77% had yet to achieve their vision for their company.<sup>2<\/sup><\/p>\n<p>Wonder why.<\/p>\n<p>Tracking your progress on business goals is important to make sure you\u2019re moving in the right direction and to help keep yourself motivated.<\/p>\n<p>Give yourself a schedule and monthly milestones that will let you know if you\u2019re hitting the goals you want to accomplish.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2018Tis the season for holiday planning, promotional sales and thinking about your small business goals for the coming year! In &#8230;<\/p>\n","protected":false},"author":5,"featured_media":622,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[610],"tags":[18,72,85,96,143,152,160],"class_list":["post-619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marketing-growth","tag-business-goals","tag-goals","tag-hiring","tag-infographic","tag-sales","tag-small-business-goals","tag-social"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How to Develop Business Goals for 2016 - Headway Capital Blog<\/title>\n<meta name=\"description\" content=\"\u2018Tis the season for holiday planning, promotional sales and thinking about your small business goals for the coming year!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.headwaycapital.com\/blog\/how-to-develop-business-goals-for-2016\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Develop Business Goals for 2016 - 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