Below are common milestones new businesses should plan for.
When you completed your Management Plan Worksheet in the previous course, you jotted down which key hires you needed right away and which could wait.
In addition, operational objectives change; the objectives aren't intended to be permanents or long term.
The timeline should be scheduled with your company's long-term goals in mind.
In Course One, you fleshed out what your strategic objective was.
Your operational objective explains how you intend to complete your strategic objective.
Other product milestones to keep in mind: Market milestones are important for tracking efficiency and understanding whether your operations plan is working.
For instance, a possible market milestone could be reaching a certain amount of clients or customers after a new product or service is released.
In the previous course, you outlined your company's strategic plan, which answers questions about your business mission.
An operational plan outlines the steps you'll take to complete your business mission.