1 Evaluating & Revising Business Goals

2 Why do teams or businesses have goals?

3 Goals help them Analyze their business in relation to Analyze their business in relation to How they were doing at the same time last year How they were doing at the same time last year How they compare with other similar businesses How they compare with other similar businesses How they are doing in relation to their financial goals How they are doing in relation to their financial goals

4 Pounds in a bushel of…. Wheat = 60 pounds Wheat = 60 pounds Corn = 56 pounds Corn = 56 pounds Rye = 56 pounds Rye = 56 pounds Soybeans = 60 pounds Soybeans = 60 pounds Barley = 48 pounds Barley = 48 pounds Oats = 32 pounds Oats = 32 pounds Sorghum = 56 pounds Sorghum = 56 pounds

5 Square Feet in one acre 43,560 square feet 43,560 square feet

6 Acres in a section 640 Acres 640 Acres

7 CWT?? 100 pounds 100 pounds Roman Numeral for 100? Roman Numeral for 100? “C” = wt = weight “C” = wt = weight

8 Gross vs. Net Profit Gross = before expenses Gross = before expenses Net = after expenses Net = after expenses

9 S.M.A.R.T. Goals S = Specific S = Specific M = Measurable M = Measurable A = Attainable A = Attainable R = Realistic R = Realistic T = Timely T = Timely