Business goals, of course, are an inherent part of business planning. The Business Planning Makeover will show you how to create a business action plan that will provide your small business direction for the coming year - or longer. When you've completed it, you will have a vision statement, a mission statement and specific business goals that enable you to put your business planning into action.
A positive relationship between goals and performance depends on several factors. First, the goal must be considered important and the individual must be committed. Participative goal setting can help increase performance, but participation itself does not directly improve performance. Self-efficacy also enhances goal commitment. For goals to be effective, people need feedback that details their progress in relation to their goal.