GOAL SETTING AND KPI BUILDING

Goal setting isn’t just for the gym.

EVERY AREA OF LIFE CAN BENEFIT FROM SETTING ATTAINABLE GOALS.

That includes your business.

You should create actionable objectives for your company to aim for so that you can define success and challenge yourself to reach it.

Setting goals and building key performance indicators (KPIs) is essential for any small business to thrive. Stratlign has helped many clients clarify their business goals, setting them up to succeed in their industry. Our team can help you understand your dreams and how to achieve them.

DEFINING YOUR KEY PERFORMANCES INDICATORS (KPIS)

Figuring out your KPIs can be difficult, especially if you haven’t done it before. Measuring the success of your business is more than just seeing how much money came in versus how much money went out. 

Stratlign is here to help. We can go over your current financials and discuss your dream scenario. Then, we can help you build goals that will help you get to where you’ve always wanted to be.

SOME EXAMPLES OF KEY PERFORMANCE INDICATORS INCLUDE:

SET SHORT-TERM AND LONG-TERM GOALS

Creating goals and KPIs for your business can put you in an excellent position for growing your company. It’s essential to set both short and long-term goals.

While most business owners would love to have a much larger facility and a considerable market presence in ten years, creating smart, obtainable goals for this year and this month is the best way to get there. Thinking about how to get a bit better in the near future can make a massive difference down the line.

Maybe you don’t want a giant facility in a decade, and that’s okay! Knowing where you want to be in the long term will help establish financial objectives for the future.

BE READY TO MAKE CHANGES

Every business owner knows that things can change quickly. Between losing ground in the market, losing employees, or ending up with a sudden bill, you need to be able to pivot. The same goes for pivoting on your KPIs and business goals. 

Stratlign can help you reevaluate your goals as time goes on. If problems arise, it’s wise to change your plans to reflect the situation. If you reach a goal early, and continue to hit your goals regularly, it may be a great time to raise the bar.

MAKE SURE THAT EVERY ACTION YOU TAKE DAILY DRIVES YOUR BUSINESS FURTHER AHEAD.

Defining and tracking key performance indicators is a great way to stay on top of your business goals. Call us today to discuss your goals and start working toward reaching them.

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DOWNLOAD “5 THINGS THAT ARE CUTTING INTO YOUR PROFITS RIGHT NOW”

Are you hurting your business by cutting into your own profits? Enter your name and email below to find out.