2017 Bookkeeping Goals: Tips to Boost Your Business Next Year

2017 Bookkeeping Goals

With the new year upon us, it is a great time to look at where we’ve been and where we want to go, both personally and professionally. To do plan for the future, we need to establish aspirational targets that we can focus our efforts around. More commonly, we use the term “goal setting” for this activity. Goals are a great way to help map out the future path we want to take so that we end up with the results that we desire. Below are a few tried and true rules to setting goals correctly:

1. Organize

For a future want to become a current reality, you need to get organized. To start the process, you need to write down your future want in a way that is “SMART”:  Specific, Measurable, Actionable, Realistic, and Time-Bound.

Simply wishing something to happen does not bring to bear the focused effort and resource commitment of time and energy necessary to attain your future want. You must create a framework for your future want to become a reality. Only then is it a goal. As part of your effort to organize your business goals, keep in mind that very large or ambitious goals should be broken down into smaller achievement milestones to help you not to be overwhelmed or paralyzed as you work toward your ultimate goal.

2. Prioritize

Don’t kid yourself into thinking that you can do everything all at once. You must consider and decide what your most important goal is. Do that one first. Then work on the second most important goal. Then the third most important goal, etc. Sometimes you may have some overlap, and if carefully managed, that can work just fine. The important thing is the sequencing of your priorities to focus your time and energy toward the attainment of your future reality.

3. Measure

If you can’t measure a goal, you can’t manage it. Make sure ahead of time that your goal is measurable, and you can easily determine if and when your goal is attained. For example, if you have a financial goal set for your business, then you need to measure your progress on a weekly, monthly, and quarterly basis.

4. Review

It’s really important that you monitor your progress toward achieving your goals. This monitoring works hand in hand with measuring your goals since reviewing allows you to measure and course correct with feedback received from your measurements. Set aside some time at a regular interval to review your goals.

If you have a goal to do better with your bookkeeping this year, perhaps we can help! Call Easier Bookkeeping at (888) 620-0770

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