Workflow Templates: Annual Business Goals Review Checklist

Review annual revenue compared to previous years

Analyze cost of goods sold and identify any areas for cost reduction

Evaluate profit margins and set new targets where necessary

Assess customer feedback and online reviews for improvement opportunities

Measure and analyze customer retention rates

Implement a customer satisfaction survey for more detailed insights

Evaluate the effectiveness of marketing campaigns and ROI

Update branding strategy to keep up with market trends

Plan new marketing initiatives to reach broader audience

Audit internal processes for time and cost savings

Assess inventory management and supply chain effectiveness

Review staff performance and identify training needs

Ensure all licenses and permits are up to date

Conduct a review of health and safety standards

Verify adherence to employment laws and regulations

Identify new market opportunities and niches

Plan for expansion or renovation of facilities

Investigate new technologies to enhance customer experience

Annual Business Goals Review Checklist