You've set the foundation with goal #1. But you can't stop there. You have to set up the road map and have an understanding of your starting and ending points.
Step #2: Set the Expectation for the Goals
When you log onto mapquest.com, the first step in finding your directions is to key in your current destination. After which you are able to put in where you are going. The map will populate with turn by turn directions. This is how you should view your goals for your business. Don't set another step forward until you know where you stand NOW and what is an attainable desired outcome for the business.
If you don't have clarity on where you are now then it will be difficult to determine where you want to go. Taking the same example from step #1:
Example of Step #1: Over the next 12 months our Spa Salon will decrease the overall expenses of our operation by managing professional product usage.
Ask yourself how much do I currently spend on professional products each month? How much do I need to decrease in order to flow a better profit margin for my business?
Example with Step #2: Over the next 12 months our Spa Salon will decrease the overall expenses of our operation by managing professional product usage from $2500 to $2000 per month.
Make it crystal clear for you to understand. You can use a % of total revenue to find your target goal. Whichever works best for you.
These simple steps are the start of the goal setting system.
Check out Step #3 in our next blog post.
Thriving Together,
Yolanda
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