Module 2-The Online Ecosystem Final LK

6. Convert business goals into action plans

Creating an action plan will help you to achieve the SMART goals you have set for your online business. An action plan makes it easier to track and achieve your goals.

A good action plan outlines the steps you need to take to achieve your goals and reach your target by setting a timeframe in which to achieve your target. There is always a start date and an end date.

An action plans helps you to stay motivated and it helps you to monitor the progress towards your goals. This allows you to stay on track and within budget.

6.1Writing an action plan

To create an action plan you need to:

Set SMART goals

Create a list of actions

Monitor the progress

Set a timeline

Allocate resources

We have already discussed how to set SMART goals.

 Create a list of tasks that need to be done to reach your goal  Breakdown your main goal into smaller goals  Make sure your actions can be achieved and make them smaller if you need to

Create a list of actions

 Set a date to achieve your main goal  Set a date to achieve each task  Monitor this so if you don’t achieve your timeline, you can adapt and change it

Set a timeline

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