There are many ways to determine the success of a business. Fiscal success is obviously the one that everybody looks at, with good reason. Without sales, your company won’t survive, no matter how good your products are.
But there are other guidelines to determine success – ones you set yourself. What is the one goal you want to reach this year? For some, it is related to sales, such as a specific dollar figure or a certain percent of growth. For others, it could be anything from completing a long-planned expansion project to releasing a new product line to acquiring a vital new piece of processing equipment. It could even be bringing the next generation to a certain level of responsibility so that you can transition to the next stage of your own career.