Short-Term Goals
Companies can complete short-term goals within a year or two. Short-term goals relate to daily business operations. Usually, budget numbers in the accounting systems reflect short-term goals. These goals could include increasing sales by 20% or decreasing utility bills by 10%.
Often, short-term goals follow long-term goals. For example, a company that makes a long-term goal to double sales within five years could make a short-term goal each year to increase sales a small amount to achieve the long-term goal.
