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You should have already been well on your way to setting and working toward your goals. Your goals maybe personal, work related or both. If you haven't thought about what you want to achieve in 2009, then NOW is the time to do it!
Assuming that you have set your 2009 goals and you are making the necessary stepping stones to achieve them, this article will help you to ensure that you are evaluating your goals successfully and you have chosen the right ones to make your year an enormous victory.
The number one rule when you write and review your goals is to think about how they are going to help you and your business grow.
Your goals should have the following qualities: |
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The amount of profit is either your success or failure and ultimately fuels the growth of your business, generates a financial support for the owners and provides for the well being of the staff.
To increase your profits you need to determine factors contributing to your gross profit and your overheads.
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“Is your plan on track?”
Do you know the answer to this question?…or are you a bit like a rabbit caught in a car’s headlights! Having asked this question of owner managers of both new and established businesses on many occasions, it appears that Pareto’s (80:20) rule still applies. Most either have no idea or make up something on the spur of the moment.
So, why do so many businesses fail to have formal business planning processes that |
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