Below are common milestones new businesses should plan for.
When you completed your Management Plan Worksheet in the previous course, you jotted down which key hires you needed right away and which could wait.
It keeps everyone focused and is a good tracking method for efficiency.
For instance, if milestones aren’t being met, you'll know that it's time to re-evaluate your production process or consider new hires.
In addition, operational objectives change; the objectives aren't intended to be permanents or long term.
The timeline should be scheduled with your company's long-term goals in mind.
There is also a link at the bottom of the article that includes examples of good strategic objectives you can use to help you, as you write your own strategic objectives.
This article is part of our mini-series 'How To Write A Strategic Plan'.
Let's look at the following example for a local pizza business objective: Sales department operational objective: To increase delivery sales by 30%, by targeting 3 of Massachusetts's largest counties.
After you create your objectives, you have to think strategically on how you're going to meet them.