We are one week into 2018. Do you know where your business plan is?
A traditional plan may be just too daunting for most Amazon and online sellers. And let’s face it – a lot of business plan formats are just …. long. They are lengthy, detailed, and full of information that’s not necessary unless you are applying for a business loan or trying to entice a suitor.
So if you’re an entrepreneur more focused on hustle than documentation, how about creating a quick bullet-point business plan based on SMART goals for 2018? Just make sure your goals are:
- Specific (simple, sensible, significant)
- Measurable (meaningful, motivating)
- Achievable (agreed, attainable)
- Relevant (reasonable, realistic and resources, results-based)
- Time bound (time-based, time-limited, timely, time-sensitive)
Don’t worry, it won’t take long. Just a few bullet points on a page can give you new focus for success this year.
But here’s the most important part. Make an appointment with yourself for the first day of the month, every month for the rest of the year. Write it in your appointment book or set an alarm on your phone today! That way, you’ll review those goals and make sure you stay on track.
By Lesley Hensell
Lesley is Partner at Riverbend Consulting, she offers practical know-how to improve retail performance. Lesley’s experience with Amazon compliance gets accounts back up fast.