Making New Goals for Your Business for 2022

Making New Goals for Your Business for 2022

Have you thought about your company goals for 2022, or are you just hoping for the best? Goal setting is a key step to being successful in life and business. It gives you a finish line to focus on, keeping you on track and preventing you from getting distracted.

Running a business without setting goals is like shooting in the dark. You have no way of holding your team and yourself accountable and no path to guide you in the right direction.

In fact, goal setting is part of a proven system the most successful people have used to get to where they are. So here is how to make new goals for your business in 2022.

Figure Out what You Want

Not knowing where to start is normal when making new goals. You’re not alone! One way to make the process easier is to simply ask yourself what you want for yourself before even thinking about your business.

What do you want to accomplish one year from now? Based on the answer to that question, you can figure out where your company needs to be by the end of 2022 to put you in a better position to reach your personal goals.

Short Term vs. Long Term Goals

When setting goals, you want to visualize the big picture first. Those are your long-term goals. Then, break those into short-term goals you need to achieve to get closer to your long-term goal.

For example, you want to have the main goal for the end of 2022. Based on that, you need to set goals for Q1, Q2, Q3, and Q4 to achieve your yearly goal. Then, set smaller goals for each month, and each week, down until your daily tasks. This progression is the best way to keep yourself on track!

Set Realistic Goals     

When making new goals for your business, you want to be as realistic as possible. If you are a startup or a small business, you shouldn’t set a goal of becoming as big as Amazon by the end of next year.

However, something like tripling your revenue in 2022 is realistic and achievable. Just make sure not to go overboard

Set Measurable Goals

Growing your business to the next level or increasing revenue are not measurable goals. You want specifics; you want numbers. For example, producing X number of sales by the end of next year or growing your team to X number of people in Q4.

Set a Deadline for Your Goals

Setting a deadline is the best way to create urgency when working towards your goals. Also, it gives you something to look forward to and lets you know when it’s time to celebrate. It encourages you not to give up when things get rough!

Set Business Goals

Look at aspects of your business that need work. Maybe you want to expand payroll. Perhaps you need better business planning, so you’re ready for tax season. Even seeking some education in bookkeeping or budget management could provide growth for you and your business alike.

Forecasting your company’s needs in the future can be difficult, so the more you learn now, the better prepared you’ll be.

Don’t Get Discouraged

If you don’t end up achieving your goal by the deadline for one reason or another, don’t take this as a failure. Goal setting is not always perfect, and that’s totally okay. Just make adjustments as you go, and stay consistent. As long as you stick to your action plan, you will get there one way or another!

To help with goal setting and business development strategy, don’t hesitate to reach out to Stratlign! We would love to help you take your business to the next level.

Need Help from Experienced Business Accounting Professionals?

At Stratlign, our team is composed of growth-driven accountants that will help you throughout your journey to success. From bookkeeping to financial forecasting and strategy advising, we can fulfill all of your accounting needs, walk you through growth and expansion, and help to give your business the competitive edge that you need. Reach out to us now by giving us a call or filling out our easy-to-use contact form.

FREE RESOURCE

Your Guide to Set Up Subcontractors the Right Way

Are you having trouble collecting information from your subcontractors? Download our “Subcontractor Checklist Packet” to know what you need from them for 1099’s, workman’s comp, and liability audits. We’ve even included a contract for reduced liability!

Melanie Jerome, MBA

SENIOR STAFF ACCOUNTANT, FLORIDA

Meet Melanie J, one of our senior staff accountants! Melanie ensures your financial health with precision and expertise. Beyond the office, she’s a true crime enthusiast who loves traveling and outdoor adventures. Whether she’s balancing books or exploring new trails, MJ’s dedication and skill set the standard for excellence in our team.

Seren Lunsford, MBA

STAFF ACCOUNTANT, INDIANA, QUICKBOOKS ONLINE PRO-ADVISOR

Meet Seren, one of our dedicated staff accountants here at level accounting! She is responsible for bookkeeping & payroll. Outside of the office, you can find her on the sidelines of a soccer pitch, karting track, or baseball diamond, cheering on her two active boys. Seren is also a proud owner of two gentle giants, her beloved Great Danes. In her downtime, she channels her creativity into baking and decorating sugar cookies, always eager to experiment with new baked goods ideas and recipes. With her expertise in accounting and her passion for family, pets, and baking, Seren brings a unique blend of professionalism and warmth to our team.

Ivette Rivera

EXECUTIVE ASSISTANT, FLORIDA

Ivette Rivera is our Executive Assistant at Level Accounting, juggling schedules and keeping things running smooth.

When she’s not crushing it at work, Ivette is an avid participant in her church community. As a mom, she’s all about those quality moments, whether it’s baking up a storm, hitting the water for some kayaking fun, or just chilling with a good book or binge-worthy show. And let’s not forget her partners in crime at home: Harley Quinn, the fridge-raiding pit bull, and Atlas, the cat who rules the roost. Ivette’s all about that balance between work hustle and personal bliss.