Bookkeeping Business Secrets for Goal-Setting Success

Goal setting is crucial to the success of anyIf the task seems too daunting with a five-year
business, but is particularly important forplan, establish 90-day goals. Limit goals to three
entrepreneurs in the bookkeeping service businessspecific things that you want to accomplish. Write
who are distracted with multiple priorities. Goalsout each goal and put a due date next to it. Then
direct actions, give us something to aim for, andwrite out each step that needs to be taken, by
serve as a yardstick for measuring ourwhen, and what type of support you need to
bookkeeping business's success.accomplish that goal. Then schedule in your
Goal setting is crucial to the success of anycalendar time to honor the commitment you just
business, but is particularly important formade to yourself.
entrepreneurs in the bookkeeping service businessBookkeeping BusinessSecret #2: Be Relevant
who can become distracted with multiple priorities.Goals should help you attain a specific aim.
Goal setting allows us to be proactive, instead ofBeware of goals that keep you busy but do not
just being reactive. We've all had days where wecontribute directly to the overall goal you have
leap from one crisis to another, but we knowset for yourself and the success of your
that's not a preferred mode of operation for ourbookkeeping business. If you don't believe your
bookkeeping services! Goals direct actions, give usgoals are worthwhile, you won't make the
something to aim for, and serve as a yardsticknecessary effort to achieve them. For example,
for measuring our bookkeeping business's success.several years ago I wanted to work a four-day
When setting business goals, I use a successfulwork week. I set the goal, but did not really
goal-setting formula that a business coachmentorbelieve that I could or should work only four days
taught me. The formula incorporates a strategya week. Guess what? It never happened because
or strategies for accomplishing the goal: "I will (goalI was not truly aligned with the goal.
+ performance measure) by (specific actions)."Bookkeeping BusinessSecret #3: Review Your
For example, suppose that you want to increaseGoals Constantly
revenue. First specify the goal: "I will increaseReview your goals daily. Keep them in plain view -
revenue this month by twenty-five percent.”by your desk or next to your computer. Goals
Setting a specific goal builds in the criteria you willare not something that you write down and file in
use to evaluate your success.a drawer. The more you embody your goals, the
In this case, at the end of the month, you'll eithermore real they become and the more aware you
have increased sales by twenty-five percentare of opportunities that cross your path to help
compared to the previous month or not. Then,you achieve those goals.
specify the strategy that you will use to workI write my goals on colorful 4x6 index cards and
towards accomplishing the goal: "I will increasekeep them by my bedside. I read them first thing
sales this month by twenty-five percent byeach morning and then again before I go to sleep
offering a ten-percent-off sale on all inventory andat night. This keeps me focused and moving
advertising this sale in the local newspapers."toward my goals.
This makes evaluating your success or failureBookkeeping BusinessSecret #4: Stay on Track
easy because your goal is specific rather thanOnce you establish clear goals you will begin to
general. Suddenly, instead of just having a goalnotice that opportunities begin to present
that you may or may not achieve, you have athemselves. When this happens, I ask myself a
specific plan to follow to achieve the goal youvery important question which helps me to decide
have set.whether I should look further into the opportunity
If you avoid setting goals, here are a fewor let it go - "Does this opportunity bring me
bookkeeping business secrets for goal-settingcloser to my goal or further away from it?"
success:By asking yourself this simple question,
Bookkeeping BusinessSecret #1: Haveyou’ll be able to take decisive action
Short-Term and Long-Term Goalstowards accomplishing your goals. For example, a
The first thing I do when setting goals is tolovely salesperson from ADP has been calling me
consider where I would like to be five years fromto schedule a meeting to show me their services
now. Once I have determined my long-term goaland how they have changed. By asking myself,
or ideal scene, I work backwards by breaking this"Does this opportunity bring me closer to my goal
ideal scene down into short-term goals andor further away from it?” I have no problem
specifying milestones that need to be achieveddeciding whether or not I should schedule the
along the way.meeting.