Quarterly goals are an important part of running a successful business. If you’re new to business and you’re unfamiliar with the concept, quarterly goals are goals that you plan to meet within a specific quarter of the year. January through March is the first quarter. April through June is the second quarter. July through September is the third quarter. October through December is the fourth quarter. Once you set quarterly goals, you can use that information to determine what your business must accomplish each month. Quarterly goals are generally part of your yearly corporate goals. Here are 4 tips to help you meet your goals this quarter.
Delegate Specific Tasks
Although you wear many hats as a business owner, you won’t always have the ability to do everything. As your business grows, your time is best spent providing services to clients and bringing in new clients. To meet your quarterly goals, delegate specific tasks to trusted members of your team. Delegation is a key management skill. It frees up your time to focus on growing the business and it shows your team members that you trust them and believe that they are crucial to the success of your business.
No team? No problem! Clients ARM provides remote administrative and management services to help businesses of all sizes meet their quarterly goals. To learn more about our services, click here.
Complicated processes aren’t always the best way to accomplish your goals. Take an objective look at your processes and determine whether they can be simplified. The purpose of simplifying is to help you save time. The time that you save by implementing more efficient processes can be spent on meeting or exceeding other quarterly goals.
Time Management Is a Must
To meet your quarterly goals, proper time management is a necessity. Spend 15 minutes at the start of your day determining what you need to accomplish. After you’ve made a list of what you need to do, you must then prioritize. There are only 24 hours in each day. You may need to delegate or reschedule items in order to be most effective.
Find a productivity technique that works well for you. Commonly used techniques include Pomodoro, GSD, and Kanban. With the Pomodoro method, you set a timer for 20 minutes and you eliminate all distractions. You work on one project and one project only until the timer goes off. GSD is short for “Get Stuff Done.” It’s a simple method that relies on prioritizing your activities and knocking the most important items off the list. You start with a master list and then break it down into daily activities. Then, you work the daily list. Some people incorporate this method through bullet journaling. Kanban is another simple method of managing your time during your work day. You make three columns titled “To Do,” “Doing,” and “Done.” The key to Kanban is to limit the work in progress. Try to have no more than three activities listed under “Doing.” This will help you prevent burnout. Preventing burnout is essential to good time management and meeting your goals.
Make Sure Your Goals Are Realistic
At Clients ARM, we are a big believer in setting big goals. Yet, for you to reach your goals, it’s important that your goals are realistic. That’s why we recommend that quarterly goals be set using the SMART goal method. SMART is an acronym that stands for Specific, Measurable, Attainable, Realistic, and Time. Your quarterly goals should be specific. You should be able to measure your progress. You should be able to attain the results you want. The goals should be realistic. With the Time aspect of SMART goals, you’re looking to attain your goals by the end of the quarter.
Get Help Meeting Your Quarterly Goals
Do you need help meeting your quarterly goals? Whether you need help with your accounts receivable, client care, or other administrative needs to free up your time or if you need help meeting specific goals related to improving your accounts receivable, we can help. Schedule your free consultation with Clients ARM by clicking here and learn how you can put our more than 30 years of experience to work for you.