Many people start a home based business and forget one very important detail that will make or break their new business…GOALS. You need a set of business goals, so you have a path to follow. They will keep you on track and remind you why you started your business in the first place. These goals will also help generate the cash flow you are seeking to achieve for your business.
Everyone will have their own level of involvement in their home business and will move at their a https://npfinancials.com.au/own pace, so set your goals according to your own level and pace you desire.
Now, what do you REALLY want? It is very important that you understand “WHY” you are starting your own business.
Your “WHY” is what drives your business, so you will want to write down your “WHY” and keep it in front of you at all times. Put it by your computer, in your work area, on your refrigerator, on your bathroom mirror, just keep it highly visible. An example of a goal that is not detailed enough would be to say you want to save money. Break it down further by asking yourself: Is it to work from home? Buy a new car? Pay off your debt? Pay for college? Spend time with family? I think you get the idea.
Setting Realistic Goals
Unless you take action, your goals are nothing more than dreams. Writing down your dreams turns them into goals. Taking action towards reaching your goals brings them closer to you. Consistent daily action will result in your goals becoming reality at a much faster pace, than if you do not work at them on a daily basis.
Goals must be:
* Specific – clearly define what actions are needed.
* Measurable – what or how much time do you need?
* Challenging – reach outside your comfort zone.
* Timed – you must have a clear and well defined deadline for each goal.
* Documented – if it is not in writing on paper, it is not considered a goal but a dream.
Setting your “now” goals:
1. Take time to familiarize yourself with your new h
