Reference no: EM133398094

Assignment:

A Little About the Company:

I'm suggesting a company that will specialize in designing and manufacturing high-end home décor items. The business will be known as Signature Home Décor and focus on producing distinctive, one-of-a-kind home decor products that are intended to provide an extra touch of refinement and elegance to any living area. The business will concentrate on creating high-quality, very practical, and visually appealing home décor goods. Signature Home Décor will be able to produce distinctive and lovely home decor items that clients will treasure for years to come by using the skills of our designers and manufacturers, the potency of our marketing and branding methods, and the usage of cutting-edge technology.

Setting and achieving goals is the hallmark of successful companies and is a critical element of your strategic plan. Make sure that all of your goals are SMART goals.

They key is to first identify your 5 year or long-term goals. Next, identify your one-year goals; that is, what you must achieve in the next year for it to be successful and to put your company on the right trajectory to achieving your 5-year goals.

Then work backwards two more times to determine your goals for the next quarter and the next month. Ideally you update your strategic plan monthly to modify this section.