How to Create a Quarterly Plan That Works for You

quarterly plan

Did you know that only 5% of all small businesses achieve all their annual business goals? This is because it’s overwhelming to plan for an entire year since things often don’t go according to plan.

This is why planning quarterly can save your company and sanity. Setting goals every three months will help you stay on track and accomplish more without losing sight of your most important tasks.

Keep reading to discover the best tips on how to create a quarterly plan to help you run a successful company.

What Is a Quarterly Plan and How It Can Help Your Business?

A quarterly plan is an essential part of your annual planning that focuses on three consecutive months. This is a great way to accomplish some short-term business goals while staying focused on the bigger picture for your company.

With the help of a quarterly plan, you can revise your accomplished tasks, measure progress, adjust your goals for the next quarter, and plan the exact steps you’ll take.

Outline Your Main Business Goals for the Quarter

A quarterly plan is a perfect place for setting business targets that don’t require extensive long-term planning. This is where you write down goals that need to be done in a specific time frame but that won’t require a lot of resources.

Examples of quarterly goals may include expanding your client base, planning the launch of a new product, redesigning your website, creating a social media strategy, or planning holiday ad campaigns.

Write Down The Specifics

Once you define your short-term goals, it’s time to get to the specifics of business planning. Outline the exact steps you need to take to accomplish each goal, the deadlines, the people who will be working on those projects, and the estimated outcomes.

Plan Out Your Quarterly Calendar

The next step in OKR planning is adding all your goals and specific steps to your company calendar. This is the best way for people to access the documents and coordinate with each other to accomplish the goals. You can also see if a goal needs a longer deadline or if it overlaps with another important goal.

Write Down Your Plan for Growth

Accomplishing your business goals is one thing but planning for growth and expansion is another. Your quarterly plan should outline activities that’ll take your business to the next level.

This is where you write down how to acquire new customers, expand your social media reach, open a new location, or launch new products. If you want to automate this process, consider getting a Strategic Planning Software that’ll do the heavy lifting for you.

Take Your Business to the Next Level With a Well-defined Quarterly Plan

Whether you’re a new business owner or want to transform your existing business, you can take your operations to the next level with a solid quarterly plan.

Want more business planning and growth tips? Head over to our blog to discover more of these topics and stay tuned for the latest news and trends in the business and marketing world.