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Evaluating & Revising Business Goals

Evaluating & Revising Business Goals. Why do teams or businesses have goals?. Goals help them. Analyze their business in relation to How they were doing at the same time last year How they compare with other similar businesses How they are doing in relation to their financial goals.

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Evaluating & Revising Business Goals

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  1. Evaluating & Revising Business Goals

  2. Why do teams or businesses have goals?

  3. Goals help them • Analyze their business in relation to • How they were doing at the same time last year • How they compare with other similar businesses • How they are doing in relation to their financial goals

  4. Pounds in a bushel of…. • Wheat = 60 pounds • Corn = 56 pounds • Rye = 56 pounds • Soybeans = 60 pounds • Barley = 48 pounds • Oats = 32 pounds • Sorghum = 56 pounds

  5. Square Feet in one acre • 43,560 square feet

  6. Acres in a section • 640 Acres

  7. CWT?? • 100 pounds • Roman Numeral for 100? • “C” = 100 + wt = weight

  8. Gross vs. Net Profit • Gross = before expenses • Net = after expenses

  9. S.M.A.R.T. Goals • S = Specific • M = Measurable • A = Attainable • R = Realistic • T = Timely

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