It’s a new year! Are you setting business goals or new years resolutions? Maybe you are mapping out what the next year looks like for your business.
Whenever I am goal-setting or planning for our business, I always focus a big part of the effort on tracking business revenue. Why? Let’s face it: you’re in business to make money. If you don’t make money, your business, which is your passion as an entrepreneur, cannot survive.
Track your revenue consistently and compare it to your start-of-year goals. (Click here to tweet this.)
Here at The Leveraged Business, we’ve grown our business revenue consistently each year. Some years we’ve quadrupled, whereas other years have been more moderate in growth. We’ve been proudly recognized by Inc. magazine for the past three years as one of the fastest growing private companies in America. How do we do it?
We track our business revenue. First of all, what you track grows. You want to track all the numbers you want to grow in your business. This will help keep you accountable to your goals throughout the year, but also put you in the mindset for growth.
In this week’s video strategy we dive into tracking revenue, how often and what you need to specifically track. Watch below to take the first step to reaching your revenue goals.
Your The Leveraged Business Assignment:
If you haven’t already, map out this year for your business financially. How much do you want your sales to increase from last year? What is your goal for the year and how does that look at the middle of the year, each quarter and even every month? Hold yourself accountable to these goals by tracking, consistently and specifically. In 2015, when you look back at your revenue for the year, you’re sure to be glad you did.