How to Set Financial Goals for Your Business (That Actually Work)
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In episode #70 of Prosperity on the Horizon, Julianna dives into the essential steps for setting meaningful financial goals for your business. She emphasises the importance of aligning your goals with your personal and professional visions, breaking down each step of the process from brainstorming to tracking progress. Using the SMART framework, Julianna provides actionable advice on how to set specific, measurable, achievable, relevant, and time-bound goals that not only target revenue but also enhance your overall quality of life. Additional topics include debunking myths about financial goals, understanding costs, and ensuring your goals align with your values. The episode concludes with a call to action to brainstorm, add real numbers, and share your goals within the community.
00:00 Introduction and Episode Overview
01:01 Debunking Financial Goal Myths
01:56 Defining Your Vision
03:10 Calculating Costs and Setting Specific Goals
04:30 The SMART Framework for Goal Setting
09:17 Tracking Progress and Aligning with Values
11:09 Final Thoughts and Homework
We will continue to cover topics that matter most to you - from unlocking profit opportunities to simplifying financial processes.
We also encourage you to join our Facebook group, The Intentional Entrepreneur Community, and grab your free copy of the 12 Days of Business Success eBook to follow along with the guide.
If you are listening to this podcast, chances are you are already on your way to exploring your numbers with a desire to understand and master your business finances, realising the transformative power that numbers hold for your business success.
To help you on your journey of building a thriving business with healthy cash flow, I’ve published a podcast series (Episodes 1-8) to highlight the biggest mistakes that prevent businesses from succeeding. To assist you in maintaining a healthy cash flow in your business, I walk you through The 7 Deadly Cash Flow Sins and give you tips and strategies on how to overcome them.
You can grab a free copy of my e-book ‘The Seven Deadly Cash Flow Sins’ right here, right now.
Download our SMART GOAL SETTING guide which will help you achieve your business dreams in 2025!
Complete our FREE ‘Business Health Check’ form to give you insights into where you’re strong or weak in your business, where there are opportunities to improve, how your business is performing in terms of profitability, cash and time.
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If you’d like to find out more about Julianna and her business, visit www.horizonaccounts.com.au or follow her on LinkedIn and Instagram @horizonaccounts or book a free 30 minute Business Diagnostic Review Call.
Stay tuned for the next episode of Prosperity of the Horizon, the podcast that transforms businesses through the power of numbers and the story behind them.
76 episodes