How can entrepreneurs track and improve their productivity?
Before we cover the topic about how to track the progress of your business, we should know what is it?
Progress is the upward direction of your business which makes you feel that your business is growing. The progress can be totally tracked by different parameters and numbers in your business. For example, every business has their forcasted sales figure, sales achieved, no. of customers, no of sales, no of items sold and so on. When you start tracking all this and when it grows positively, that’s call the progress in your business.
What are parameters?
Parameters are the different goals and milestones that you set for your business to work on and achieve. For example, you can try to set a parameter to have sales of USD 100,000.00 by the end of this year. Now based on this milestone you start working on different objectives to do more and more sales. Those objectives involve more marketing, more sales call, more seo and lots of other things. Â
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Siddhify is a project management system which helps managing your dream financial projects and other personal and professional projects and then track the progress of everything we are discussing in this article. It also offers you a Net Worth module which helps you track the assets and liabilities including your income and expenses considered as buckets in the module. Â
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How to setup goals or milestones in your business?
Assuming that you are using Siddhify, once you created your dream financial project, you start creating some simple or detailed goals according to your plan. If you are not sure about your long–term goals, start creating simple goes. You can edit or create long term goals anytime. Â
Start working on action items, also called tasks
Once the goals created, you start creating different tasks for you and your team. You also create one time as well as habit-based tasks also called kaizen. You can set the deadline for these tasks. Once tasks are created, you and your team start actioning and work toward completing those. Â
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All these modules and features makes an awesome experience for an entrepreneur on Siddhify to help him achieve his tasks, goals and targets and see the venture/startup growing as per the plan. Â
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