Make a plan. Set goals. Create workflows. And write them down.

3. Set revenue and profitability goals.
For a business to be successful, it has to make enough money to sustain operations and turn a profit to re-invest for future growth. As a business owner, it is critical you understand what this looks like for your business.

Factoring in your business costs including sourcing, production, staff, capital, and more, determine how much money your business needs to bring in on a monthly, quarterly, and annual basis to succeed.

This is also a great time to revisit your pricing structure. Are your products priced appropriately? How many units will you need to sell each period to reach your revenue and profitability goals? Document and lay this information out clearly so you know exactly what you need to do to keep your business running and thriving.