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A good quarterly plan can help your business move forward faster than you thought. But, creating a good quarterly plan is a skill.
Most business owners may struggle to create a plan that is
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You may not have a realistic idea of how long certain tasks will take on your strategic plan. Consequently, you may either over commit or under commit.
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Don't create your quarterly plan at the last minute. Instead, start working on your quarterly action plan in the middle of the previous quarterly.
Once you've created a quarterly plan, remember to share it with your team and take action on the items at the start of the quarter.
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It's easy to have vague goals and then use them to excuse why you couldn't reach your goals.
Instead, be clear on what you want to achieve. Ensure to quantify it. For example, instead of saying "I want to increase sales this quarter", say "I want to increase sales by 22%."
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Common pitfalls to avoid when planning your next quarter
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