SMART Method Goal Setting
Happy New Year!
2024 is here and we are ready for a year of growth and change!
We know that life at bakery is fast paced and many times it’s hard to find time to pause and set some strong intentions and goals for where, how and it what direction you want your business to grow. However, it might just be the shift your bakery needs in 2024!
SMART Goals are: Specific, Measurable, Attainable, Relevant, and Time-Based
As you look ahead what are you bakery’s goals?
Using the SMART goal setting method, you can track, measure and pivot to reach these goals. We’ve put together a few ideas for how you can plan for your bakery’s success using the SMART method… feel free to use, edit or simply be inspired by them.
Examples of Bakery Related Goals and how using BakeSmart can help achieve those goals!
Develop a Customer Loyalty Program
Within 8 weeks, we will create a loyalty program that rewards customers who make repeat purchases with discounts, free items, and other incentives. We will ensure the program is well-publicized within our shop and on social media.
Specific: Develop a customer loyalty program that rewards loyal customers for their continued business.
Launch eCommerce Store
We will invest the time to build our Online eCommerce Store that allows customers to place orders from our bakery online. We will have the system up and running within 6 weeks.
Specific: The eCommerce store will be launched and taking orders within 6 weeks of deciding this is a goal.
Engage With Local Community
We hope to create greater visibility within the local community for my bakery business for the next 9 months. We want to create a network of relationships with local businesses, educational establishments, and charities to help me increase our presence in the area.
Specific: Identify the target audience and what actions they will take to reach them.
Expand to New Locations
We’ll aim to have two new bakery branches in different locations within two years. We will evaluate each location’s potential, carry out market research, and explore new opportunities to increase our reach
Specific: This states what the business plans to do (have two branches in different locations) and how long it will take them to reach it (two years).