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Set frequent sales and profit goals.


Most businesses set sales and profit goals when they prepare their annual budgets. But it makes better sense to have more frequent financial targets. Quarterly or monthly goals give managers an early warning system and more opportunities to revise their strategies sooner, rather than later.
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Title Annotation:GOLDEN BUSINESS IDEAS
Author:Zarowin, Stanley
Publication:Journal of Accountancy
Date:Aug 1, 2005
Words:45
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