4 Tips To Achieve Your Ambitious Business Goals
You’re ambitious and you have big business goals, but at times, it can be hard to get the ball rolling, or maybe you just don’t know where to begin. Let’s talk about a few ways to help achieve those ambitious goals of yours.
First of all, big business goals need big plans, so you need to have a clear plan in place. This should include specific and measurable objectives, as well as the steps you will take to achieve those objectives. Without a clear plan, it will be difficult to stay on track and make progress toward your business goals.
Here at Joanna Bookkeeping, we support business owners (and people who are looking to become business owners) by supporting them to make savvy business decisions and helping them when it comes to topics like which business structure best suits their plans, whether it’s better to set up a limited company or become a sole trader etc.
We know that your business goals are important to you, so we want to make sure that everything goes smoothly from day one and beyond. Book a call with one of our Oxford-based accountants and bookkeepers, and let’s have a chat.
Let’s take a look at 4 tips to achieve your ambitious business goals…
1. Accept you're not going to achieve absolutely everything here and now
When it comes to achieving ambitious business goals, it’s important to accept you’re not going to achieve absolutely everything here and now.
Reaching your business goals certainly won’t happen overnight, you are sure to have everyday tasks and responsibilities that need to be respected. Also, life is full of surprises, and those unexpected things that always creep up on us. You have to factor this in when planning out your business goals. If you don’t you may end up disappointed and stressed because you don’t have the time or energy to handle absolutely everything at once and in a short period of time. Be kind to yourself, and set healthy and realistic timelines and boundaries that will work with you, not against you.
2. Make a choice about which business goals you're going to focus on first
Grab yourself a pen and some paper and write them all down, but choose the most important ones and understand why you’re choosing them as a priority over the others.
Most people tend to focus on a small handful of goals that can be implemented in a realistic timeline. The road ahead may be full of challenges, but if you focus on your one or two most important goals first, your chances of success will dramatically increase.
You need to know the “why” behind your goals and it should be something that has meaning to you, not to others. If you set your business goals for the wrong reasons or based on other people’s opinions/expectations, you’re way less likely to have the motivation to be invested in the long run.
3. Think about your skill set
What skills do you have that can help you achieve your goals? Are your skills and experience transferable and relatable to your business venture? If not, do you need to undertake some formal training, register with certain professional organisations, do you need industry-specific certifications, etc.?
Take note of your skills and experience, plus any formal training you’ve completed, and do some research regarding what you may need to proceed with your goals.
4. Think about potential obstacles
When it comes to achieving ambitious business goals, don’t underestimate the power of obstacles. Whether it’s external or internal, obstacles can be healthy for your business because they keep you on your toes, promote innovation and help you identify ways to improve operations.
Things likely won’t work perfectly to plan, but you can be prepared for some of them and have a plan B implemented. A budget can be very often an obstacle especially for start-ups that have generated a very small income or no income at all. Having a cash flow forecast can prepare you for these problems. A professional accountant can help you with things like cash flow forecasting.
We know that it can be challenging to set business goals and achieve them. But remember that setting ambitious goals is an important step in achieving success in life. If you try some or all of the tips we’ve outlined here, you will be well on your way to making your dreams a reality!
Why not get in touch with our professional Oxford accounting team today to see how they can help you and your business achieve its goals.
Your Accountant in Oxford
The Wheelhouse Angel Court
First Floor, Angel Court
81 St Clements St