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Episode 1213:
Robert Steere, in his insightful article, underscores the significance of setting strategic financial goals for small businesses. Emphasizing the importance of SMART goals, regular financial reviews, competitive analysis, actionable plans, and progress documentation, he provides a comprehensive guide for navigating the complexities of business finance, ensuring both growth and sustainability.
Read along with the original article(s) here: https://www.goodfinancialcents.com/how-to-set-financial-goals-for-your-small-business/
Quotes to ponder:
"A S.M.A.R.T goal, in practice, might be something like 'double our sales by the start of the third quarter using weekly split-testing of ad copy and improvement of our follow-up sequence.'"
Episode references:
MoneyInstructor.com Sample Income Statement: Money Instructor Website
AccountingCoach.com Sample Balance Sheet: Accounting Coach Website
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