2011 Biz Goals

to do list by mondernemotive

I've been meaning to post these for a while and finally (the story of my blogging life) have them postable.

• Create a real business budget: I am a little embarrassed to admit this but I have never created a budget for my business. That is not to say that I didn't track my sales or purchases or my COGs (cost of goods sold). But I have never had an actual budget as a guide. Part of the reason was I was scared, how much would I actually need to make to move to part time work? or quit my day job all together? I also kept putting it off for other “more important” tasks. This year I’ve vowed to create a real budget for myself so I can track my progress, create goals and make changes when necessary. As of last week, I have finally created a real budget for my business. There are some scary numbers there but at least I have a real idea of what I need to make to move my business forward.

• Add three new products to my line. I would like to add lip balm, candles, and whipped scrubs to my line this year. I hope you are all as excited about these new products as I am!

• Add a soap of the month club. Done, you can check it out here.

• Add 2-3 new wholesale accounts each quarter. This is a big goal. After completely my budget I see the necessity of adding additional accounts if I want to move to part time work by the end of the year. This is also a part of the business that is a bit hard for me. It is really scary to put your business out there, especially when it is such a part of you. However, its something I have to get over if I want my business to succeed, so I need to suck it up and get it done.

• Create a production schedule. I’ve created a long term production schedule and am working on breaking the larger goals into smaller pieces. I feel so much better. :)

• Create a marketing plan. Marketing is on of my biggest business struggles. I’ve read books, gone to seminars and I still don't seem to have a full grasp of everything, especially a plan that I will consistently follow and refer to. So, I started seeing on of the free business counselors at the San Francisco Chapter of the Small Business Development Center. I should have a “real” plan in the next few months.

• Start blogging 1-3 times a week. Obviously this has been going ok, but could be better. I need someone to get tough with me - any volunteers?