Setting Goals to Start a Small Business Or at Home Business

As an SBC (Small Business Consultant), I keep getting clients, who come in and want to start a business, which I think is great. But after the initial conversation starts, I ask what your goals are? What is the purpose of the business? Where do you want to be in 1, 3, 5 years?

In a blank face, they go Huh!

Then the thinking starts. When you want to open a business, there is something that needs to be created before you start one. That’s a business plan. When creating a business plan, 40% of the plan is creating a goal for your business. The business plan helps set up goals and a direction of where you are starting and where you are going.

Think of a business plan as a blue print or a mapping of a direction that you want to take. It’s like taking a road trip and you need to find a way to get from point A to point B. Sometimes when you travel, a road will take you in a different path but you must or at least have a map so, you can get back in path if you need to. Sometime it will take you a different route but to start with you have to have a map.

I’ve learned that you need to set goals before you start to open the front door of your business because it helps give you a direction. It helps you as a business owner to get a direction going that will help you find that pot of gold that you are looking for. If you have a dream, then you need a direction. And a direction is a goal.

Setting goals for a business is easier than you think. Because when the idea of a business starts, it goes hand in hand with a goal that you want to accomplish. When opening a small business or a at home business. Always, start with the end in mind. That will help you accomplish the many task that you are getting ready to face happen easier.

To set goals in your business, think what is going to make the company grow. How are you going to make it profitable, what do you need to do to make it independent. What goal setting really does is keep you on track.

Lots and lots of time, I see people fail in opening their small business or an at home business because no goals are set. The dream is there but reality hits and there is no plan and no goal. There is no direction. They want it bad but they keep going round and round with ideas but nothing is set in stone. There is no blue print, no structure, and no form.

So when thinking and wanting a small business or at home business take some time and learn and set a goal, make it about 5 goals that you want to accomplish them and I promise you that when you do that. The task in hand in opening a business will become very easy for you. You become successful faster and stronger and you will have a winning business, small or large.

Again, where do you want to be with your business, in 1, 3, or 5 years?