1. I’ve invested in a new small business four months ago called, “Lockett’s Accounting Firm.” This
is something I’ve thought about doing while in college. But there are a few goals that I need to
accomplish so my company will thrive. Therefore, the goals I will set for myself, with my
employees help will be working on the finances and reviewing the progress on the existing ones.
In addition, I want to set a goal on how my employees and I could bring more clients in.
Therefore, bring in higher profits for the company.
First off how I will accomplish these goals is setting a firm date for completion. Since it’s only
two more days in this month, I will start the first of January. That would be a perfect date to start.
And I will give myself until the end of January to have all goals completed. Therefore, with the
help of everyone in my company will start reviewing the company’s finances each Monday for
two hours. We will use spreadsheets to keep up with what money is going out as well coming
into the business. That means keeping up how much the employee is getting paid, what is being
bought for the benefit of the company, and how much money our clients are bringing in.
However, it will be somewhat easy in trying to bring more clients in. For instance, we could get
referrals our clients that we already have. Asking, if they could recommend a friend or a
colleague. In fact, we can tell them if someone is referred, and if we benefit from the referral, we
will give them a percentage off their account. In conclusion, knowing what goals I have set and
making sure all are accomplished by the end of January will bring better profits into the business.
Furthermore, my employees will see higher pay.