https://padlet.com/becky_moreland3379/cwzv37g6k2mc Becky Moreland 10R en-us 2016-11-15 14:21:16 UTC 2016-11-15 17:03:20 UTC hello@padlet.com becky_moreland3379 https://padlet.com/becky_moreland3379/cwzv37g6k2mc/wish/137726696 targets expressed in money terms such as making a profit, earning income or building wealth]]> 2016-11-15 14:24:08 UTC https://padlet.com/becky_moreland3379/cwzv37g6k2mc/wish/137726696 becky_moreland3379 https://padlet.com/becky_moreland3379/cwzv37g6k2mc/wish/137727633 An aim or objective is a statement of what a business is trying to achieve over the next 12 months. For example, a business can set itself any of these targets:

• survival
• increased profit
• growth
• increasing market share

]]> 2016-11-15 14:26:04 UTC https://padlet.com/becky_moreland3379/cwzv37g6k2mc/wish/137727633 becky_moreland3379 https://padlet.com/becky_moreland3379/cwzv37g6k2mc/wish/137727937 Having an objective is useful because it helps staff to focus on shared aims. Different organisations have different objectives. Some businesses are run to make as much profit as possible for owners. However, not all businesses aim to make profit. eg; Cafod]]> 2016-11-15 14:26:43 UTC https://padlet.com/becky_moreland3379/cwzv37g6k2mc/wish/137727937 becky_moreland3379 https://padlet.com/becky_moreland3379/cwzv37g6k2mc/wish/137728885 Personal satisfaction - feeling proud and a sense of achievement during setting up a business.]]> 2016-11-15 14:28:30 UTC https://padlet.com/becky_moreland3379/cwzv37g6k2mc/wish/137728885 becky_moreland3379 https://padlet.com/becky_moreland3379/cwzv37g6k2mc/wish/137729492 Realistic ideas about a business. Many businesses fail within the firs few years, so to start with most entrepreneurs just want to survive. Once the initial expenses are rectified they can aim for long term objectives.]]> 2016-11-15 14:29:42 UTC https://padlet.com/becky_moreland3379/cwzv37g6k2mc/wish/137729492