Your place to learn all things business & operations

The Visionary Vault shop offers affordable & actionable tools to help you easily plan, organize, and intentionally grow your business. Read more to explore our products and the heart behind the shop!

Setting goals is an important part of running a business and managing your personal life. One of the questions that often pops up is how to set and manage short term vs long term goals. This can be especially challenging for small business owners; the day-to-day of running a business can often feel overwhelming and leave no space for thinking much into the future.

In the entrepreneur world, we hear a lot about long and short-term goals for businesses, but how do we get there? And what do these goals actually look like in practice? 

Everyone has goals for themselves, personal and professional. Business owners, however, have to create business goals in addition to their personal and professional goals. So what are business goals? What do they look like? How do you plan for them as a business owner? 

A lack of efficiency in your business means wasted time, money, and resources that can slow growth and hinder you from reaching your goals. Having a clear plan and a strategic partner in your business lets you rest in the knowledge that you’re heading in the right direction, and you’re not alone.

No matter what stage of business you’re at, it’s always a good idea to take time to analyze and understand your annual business performance throughout the year–and set fresh goals for the upcoming period.