Setting Goals Making Them Attainable

Title:
Setting Goals: Making Them Attainable!

Word Count:
392

Summary:
Goal setting often involves two types of goals: specific and fluid. Incorporating both into your plans can give you the best chance of success.


Keywords:
goal setting, resolutions, business management, time management, business development, marketing


Article Body:
As a writer/author/editor/web designer, et al, I find that in order to make a “go” of my business, I must periodically refocus or reshape the direction in which my business is moving in order to remain relevant and profitable. If you, too, run your own business you probably have learned to do the same. If not, you may be missing some important trends that can impact your bottom line. Please continue to read on for some helpful advice on how you can set attainable goals for your enterprise.

My business is always in a state of flux. At times, web design is the hot item while at other times article writing surges to the top of my list of tasks. Several other competing responsibilities including advertising, resume design, and special projects also weigh in. My job isn’t boring, but if I don’t keep a firm grasp on my myriad duties, I can find myself going in the wrong direction without warning. This can be both a career killer and a financial disaster.

Some goals I make for myself are specific, such as, write more personal finance articles, while others are general, such as, the following goals I recently made to provide even better service to my clients:

1. I will do the best job possible for you and at a competitive price.

2. I will work for you as if it matters to me. That’s because it does.

3. Your success is my success. If you do well, I do well. If your project fails, I have failed too.

Of course, more generalized goals give you more room to move [and breathe!] while specific, set-in-stone goals are just that: immovable. You will either reach your goals or you willfail; there is no middle ground!

So, why not do both? Have specific goals which you know you must reach and generalized goals which you can meet, but can also be reshaped on the fly. Divide up your goals into those that must be kept a specific way for one category, while placing the remaining goals in the second, more fluid category.

You will likely attain your goals if you give yourself some wiggle room. If you don’t, you will soon grow disinterested, forget your goals, and your business and your customers will suffer the consequences.

BONUS : Title:
Setting Smart Financial Goals

Word Count:
497

Summary:
Managing your money wisely is the best way to make sure you and your family gain financial security. Money management is also extremely important if you own a business. All business owners need to understand how money comes in and goes out of their business-if you ignore budgeting details, your venture might not be successful. There are many similarities between budgeting for yourself and budgeting for your small business. When you understand the basics of money management fo...


Keywords:
credit, finance


Article Body:
Managing your money wisely is the best way to make sure you and your family gain financial security. Money management is also extremely important if you own a business. All business owners need to understand how money comes in and goes out of their business-if you ignore budgeting details, your venture might not be successful. There are many similarities between budgeting for yourself and budgeting for your small business. When you understand the basics of money management for yourself, you will be more prepared to set up a budget for your company.

To manage your money wisely, start by setting financial goals and establishing a budget plan to help you achieve those goals. Financial goals are simply statements about things you wish you could afford; for example, you may have a goal to establish an emergency savings fund of $2,000 by the end of the year.

What are your personal financial goals? If you had $2,000, what would you do with it? Would you invest it in your small business? Would you buy a car? Would you make a home improvement?

You will be able to accomplish your goals if you manage your finances and put money aside on a regular basis. The key is to setting financial goals that are Specific, Measurable, Attainable, Realistic, and Trackable (SMART):

Specific. State exactly what you want to achieve, how you're going to do it, and when you want to achieve it. For example:

General Goal Statement: I want to improve my finances.

Specific Goal Statement: I want to pay off my credit card bill in 8 months by negotiating a payment plan with my creditor.

Measurable. A financial goal should be measurable so you know when you have achieved it.

General Financial Goal Statement: I will pay off most of my credit card debt soon.
Measurable Goal Statement: In the next six months, I will pay three of my five credit card bills in full.

Attainable. Make sure the financial goal is within reasonable reach.

General Goal Statement: I will save money.

Attainable Goal Statement: I will save $1,000 in a year by putting aside $3 each day.

Realistic. Is the economic goal realistic for you? Don't ignore your limitations. Your economic goals need to be tasks that you can reasonably accomplish.

General Goal Statement: By managing my money well, next year I will become a millionaire.

Realistic Goal Statement: By managing my money well, next year I will be debt free and will have an emergency fund equal to three months of living expenses.

Trackable. Being able to track your progress encourages you to keep going and reach your fiscal goal.

General Fiscal Goal Statement: I will increase my savings goal every year.

Trackable Statement: Each year I will save 10 percent more money than the previous year.

If you are SMART about setting financial goals, you will be well on your way to managing your money in a way that will provide financial security for you and your family for years to come.