As any business owner knows, it pays to do some goal planning and lay out a strategy for next year. The key is to make the overall goal lofty while laying out intermediate short term goals that need to be taken to succeed. For example, if one of your goals is to pay down 100k in business credit card debt by the end of 2011 then you can tie the overall goal into monthly goals and weekly goals. You would need 10k in extra cash flow monthly, or $2500 weekly, to stay on target. This objective can then be tied into you other facets of your business. For example, if your free cash flow is only $1000 a month then you know that sales need to be increased by "X" amount, or overhead reduce by "X" amount, to make this more obtainable.
As you can see this takes a massive amount of planning to work in all the variables and implement the strategy. Keep in mind, success takes time...whether you hit your goal by the end of 2011 or mid 2012 is still considered success...as long as you stay committed to the overall objective.
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