Do you want to set goals for your field service company but don’t know where to start?
In order to become successful and profitable, you need to have the perfect set of realistic goals. You should also be able to measure your progress towards those goals. This is a must-have tool for any field service business owner or manager. It will help you stay focused on achieving success in your business.
To set goals for your field services business, consider these 10 things:
1. Define your target customer. You’ll have a much easier time reaching the goal if you are clear about who your customers are. When you know who they are, you can make decisions that will move them toward becoming paying customers. You may also be able to charge more or offer something different than what you’re currently doing to attract those customers.
2. What’s your objective? Your purpose in starting your own business is to get paid so you have an income coming in. But your real reason should be bigger than just making money. It should be about serving others. If you really believe that you are going to help people improve their health by providing their families with organic produce that they otherwise could not afford, then this may be your purpose.
There are many ways to write out your objectives, the most important thing to remember is to be specific. For example, instead of writing “become very rich” write down “gain 5 new customers this month”. This makes it more likely that you will accomplish the goal.
3. Determine your budget. How much money do you need each month to achieve your goals? Will you need to borrow funds from family or friends? Or maybe there is a new grant program available to small businesses with great potential. These are all options that you will consider when determining how much capital you will need to finance your business.
4. Set timelines for attainment. Goals aren’t meant to be achieved tomorrow. They should be attainable within the next year. Maybe you’ll only achieve half of your target number and you might not be entirely satisfied until you reach the other 50%. Don’t aim to be perfect because achieving perfection takes too long! Be realistic and determine when you expect to complete the process. Setting unrealistic goals will not only diminish your chances of achieving them, but it can also cause resentment and unhappiness in your life.
5. Create milestones along the way. As you begin working towards your financial goals, think about what you would like to see happen every week, month, quarter, semester, etc. This helps keep you focused and motivated throughout the process. Once you’ve set a few milestones, you can check off each one as you come closer to attaining your ultimate goal.
6. Start small…and work backward. If you have never started a project before, it’s best to start with smaller projects. This keeps you on track while giving you confidence and experience for larger endeavors. Failure is inevitable, we can’t avoid setbacks, but we mustn’t let our failures discourage us. We should learn from mistakes so that we won’t repeat them. However, failure should not become a burden, rather something we feel proud of having conquered. Remember that even the greatest success stories were once failures.
7. Make sure your team understands the mission. Make sure everyone in your organization knows why you do what you do. It’s much easier to build momentum if you have a common vision among your staff members.
8. Think about your end game. Make sure you keep track of your progress. Write down everything you can think of. From marketing plans to sales reports, you’ll want to keep tabs on how you’re progressing. This may mean creating spreadsheets, or creating a simple notebook and jotting down notes on paper. You should record any expenses you incur and your anticipated revenue at regular intervals.
Once you’ve attained your financial goals, what does the future hold for you and your company? Are you looking forward to growing your client base? Do you envision your company expanding into multiple locations? Whatever you decide as your short-term and long-term plans, now is the time to create an action plan.
9. Keep at it. The first couple of years of any journey can be tough, but don’t give up. It gets easier the longer you continue to pursue your dreams. Successful entrepreneurs often say that they wish they had done things differently during their early days.
If a particular endeavor isn’t helping you grow stronger financially or emotionally, sometimes you need to call it quits and move on. You may find yourself overbooked at times. That’s okay. Just make sure you’re spending time doing things that help you grow into the person you want to be.
10. Have fun! Remember that success comes from having fun during the journey rather than just after the destination has been reached. And don’t forget to treat yourself once in a while. Financial independence isn’t the only reward that awaits you!
These tips to having a good mindset when setting goals is crucial. Don’t lose sight of where you are going if you get sidetracked by the obstacles along the way. Set realistic expectations for both yourself and your business. Be patient but persistent; remember that the time will pass quickly.
We call her The App Mama. Co-Founder and Chief Marketing Officer at ezbz App Nancy Schwab focuses bringing entrepreneur’s visions to life. Nancy uses her decades of business experience to teach clients how to maximize their apps. Nancy’s favorite part of her work comes when clients grow their businesses through technology. In her down time, Nancy enjoys spending time with her husband, cheering on the Green Bay Packers, and traveling, particularly to places with a beach.