Setting Business Goals for 2011
I have to start setting my business goals for 2011.
I know you know nothing about my business, so this may be difficult. But what I am looking for are general principles on what make good business goals for a year.
Any thoughts on guiding principles?
Like, what kind of inventory do you need and where will you get it from?
How will you price your items so that your customers don't scare away but you can still make a profit?
What kind of shipping will you use? And packing materials?
How will you collect payments? Credit card machine, paypal, money order?
How much money do you have to invest in your biz vs. how much will it take to run your biz.
Where will your biz run from? Your home? The mall? In an office? What kind of documentation & paperwork do you need to make this happen?
Who is this biz going to cater to? What kind of people will be interested in buying from you? Why?
Advertising yourself. How will you get the word out? flyers? coupons? ad in the paper? email marketing? word-of-mouth?
These are just the very basic ideas that I would be concerned about at the start of my business.
Hope this helps & good luck!