BUSINESS INSIGHT: SETTING YOUR REVENUE TARGETS FOR 2021
It’s a new year and everyone is optimistic about achieving great results.
One major goal that business owners want to achieve is to make more money, it is the key driver for business.
Having a financial goal helps a brand to identify its target market and the right audience to pitch its services and products per time.
In addition, it helps a brand to know the number of products or services required to be sold in order to meet up the financial target and to also develop the right marketing strategies to achieve these goals.
Do not leave your revenue to chance and guessing.
So let’s say your target revenue for 2021 is 5 million monthly. It is not enough to leave it at that while you hope for the best. Break it down into chunks;
– How many products do you need to sell to hit the target?
– Or if you service-based, how many clients or projects do you need?
– How will sales happen?
– Do you have an advert budget?
– Do you have a networking plan to access high-paying clients?
Can you break all of these down into weekly targets?
Doing this helps you gain clarity and focus. We hope you think about this and act.
Have your financial goal clearly marked, and when you crush these goals, set new and even bigger revenue goals.
#DoBusinessBetter
