Are you ready to start planning and goal setting for your small business in the New Year! Let's take a look at 10 ways to make that happen. 1. Set specific, measurable, achievable, relevant, and time-bound (SMART) goals. This will help you focus on what you want to achieve and make it more likely that you will achieve it. 2. Identify your target market. This will help you focus your efforts on the people who are most likely to buy your products. 3. Determine your pricing strategy. This will help you set your prices in a way that is competitive and profitable. 4. Create a marketing plan. This will help you reach your target market and promote your products effectively. 5. Develop a sales plan. This will help you identify the best channels for selling your products and set targets for sales. 6. Create a production plan. This will help you ensure that you have a steady supply of materials and can meet customer demand. 7. Set financial goals. This could include increasing profits, reducing expenses, or saving for a specific goal, such as buying new equipment or expanding your business. 8. Identify areas for growth. This could include introducing new products, entering new markets, or expanding your business in other ways. 9. Review and update your business plan. This will help you stay on track and adapt to any changes in the market or industry. 10. Seek out resources and support. This could include hiring a business coach, joining a business group, or seeking out funding or other financial resources. Have you joined the MBA (Maker's Business Academy) yet here in Maker Circle?! Inside the MBA you will receive monthly training and support to grow your business and increase your sales. This month is the time to commit to building a better business this year!!! BUT most of all you want to BELIEVE in yourself!!! Get your mindset right to take the New Year by the horns and MAKE IT HAPPEN!!!
Posted by Sarah Sewell at 2023-01-01 17:26:22 UTC