Review business goals regularly

Review your business goals regularly to make sure they’re up to date and based in reality. It’s very easy to get bogged down in day-to-day activities and regularly reviewing your goals provides you with a good reminder of what you’re working towards and helps keep you on track. Australian insurers Resilium suggest quarterly reviews, which allow you to break down your longer-term goals into smaller, more achievable ones. For example, if your goal is to increase revenue over 12 months, work out how much you want to increase it by each quarter and what you need to do to get there. Quarterly reviews also allow you to celebrate any short-term goals you’ve reached and motivate staff for the rest of the year.