How to Create SMART Business Goals

Why Setting SMART Business Goals Matters

After completing a thorough business audit, the next step is clearly defining your business goals. 

This phase is often rushed, but it is essential for guiding your organisation’s direction. 

Without well-defined objectives, your business may lack focus, leading to inefficient resource allocation and missed growth opportunities.

Business goals provide the clarity needed to align your team, optimise your marketing efforts, and drive sustainable expansion. 

Whether your focus is revenue growth, customer acquisition, increasing market share, or building brand awareness, your objectives must be specific enough to guide strategy yet broad enough to accommodate long-term ambitions.

Aligning your marketing strategy directly with your goals is a key factor in ensuring success. 

A lack of alignment can lead to scattered campaigns that fail to produce meaningful results.

A Practical Way to Set SMART Business Goals

To create goals that contribute to long-term success, use the SMART framework:

  • Specific: Clearly define what you want to achieve (e.g., "Increase annual revenue by 20% through higher client retention").
  • Measurable: Identify key performance indicators (KPIs) to track progress (e.g., "Reduce customer churn from 15% to 10%").
  • Achievable: Set realistic goals based on industry benchmarks and internal capabilities.
  • Relevant: Ensure goals align with your overall business strategy and core values.
  • Time-Bound: Set a clear deadline for achieving each goal (e.g., "Reach 10,000 subscribers by Q4").

Making Sure Your SMART Business Goals Fit the Bigger Picture

Many businesses set goals in isolation, focusing on short-term wins without considering how they contribute to long-term sustainability.

For example, imagine you’re running an online store and decide to push aggressive discounts to drive sales. It might bring in quick revenue, but if those discounts train customers to only buy when there’s a sale, you’ll struggle to build long-term brand loyalty. 

Instead, a better goal could be to increase repeat purchases by 15% over six months by focusing on customer experience, loyalty rewards, and personalised offers.

The Role of Revenue Growth in Strategy

Revenue growth is a fundamental goal for most businesses, but simply aiming for "more sales" isn’t enough. Instead, businesses should focus on:

  • Sales quality over quantity: Attracting high-value customers who remain loyal
  • Sustainable revenue streams: Diversifying products or services to avoid reliance on a single income source
  • Strategic expansion: Entering new markets with a well-defined approach

Example: Increasing Average Order Value

Say you run a boutique marketing agency and want to boost revenue. 

Instead of chasing as many clients as possible, you increase the average contract size by 20% by offering strategic add-ons, upselling premium services, and improving client retention. 

This not only increases revenue but also strengthens relationships with existing clients.

Customer Acquisition: Focus on Quality Over Quantity

Bringing in new customers is vital, but not all customers are the right fit. Instead of just aiming for big numbers, focus on attracting customers who will stay and spend more over time.

SMART Goal Example:

"Increase customer acquisition by 15% over 12 months while maintaining a retention rate of at least 80%."

How do would you go about achieving this?

Define your ideal customer – Who is the best fit for your product or service?

Improve messaging – Make sure your marketing speaks directly to their needs.

Optimise onboarding – Give new customers a smooth start so they stick around.

Expanding Market Share Without Exhausting Your Resources

A common goal for businesses is to increase market share, but it’s easy to waste resources without a clear strategy.

Let’s say you’re a software company looking to enter a new industry. 

Instead of trying to appeal to everyone, you might aim to win 10% of a specific niche market within a year. 

That way, your marketing can be laser-focused on solving that industry's unique problems.

How to Track Progress and Stay on Course

Setting goals is just the start - tracking them makes them happen. 

Use a Simple SMART Goal Tracking System like this one:

Simple SMART Goal Tracking System Image

On top of that, schedule monthly goal check-ins and quarterly strategy reviews to adjust as needed.

What’s Next? Take Action Now

Setting clear business goals is one thing - making them happen is another. 

The sooner you align your marketing, sales, and operations with these goals, the sooner you’ll see real progress. 

So, what can you do right now?

  • Review your existing goals – Are they specific, measurable, and aligned with where you want to take your business?
  • Refine your priorities – Are you chasing growth in the right areas, or are you spread too thin?
  • Track your progress – Start measuring key business metrics to see where you need to adjust.

Now you have SMART business goals, we need to turn our attention to your Ideal Client and most importantly we need to Map Your Customer Journey.

Apply For a Free Business Growth Audit

If you’re serious about growing your business, start with a Business Growth Audit. 

We’ll take a deep dive into your current strategy, identify gaps, and give you a clear plan to move forward. 

Apply for your Business Growth Audit today.

Kase Dean Grey Blazer 810 sq

Business Growth Consultant and Founder of ASN

Get a 100% Free Marketing Strategy That Will Boost Your Business Growth

Marketing Strategy Mockup

ASN respects your inbox privacy. You can unsubscribe at any time with one-click.

Kase Dean

Kase Dean is a Business Growth Consultant and Strategic Marketing Expert with over 14 years of experience helping service-based business owners, consultants, and agencies scale their businesses sustainably. 

As the founder of ASN Startup™, he provides structured growth systems that help entrepreneurs move beyond unpredictable revenue, step into leadership, and build scalable, profitable businesses.

Kase specialises in marketing strategy, pricing and revenue models, sales systems, and leadership development, empowering business owners to create predictable growth without burnout. 

His expertise has helped countless professionals streamline their marketing, automate client acquisition, and position themselves as industry leaders.

When he’s not working with clients, Kase shares insightful strategies on business growth, marketing automation, and leadership through his writing, workshops, and coaching programs.

Want to work with Kase? Book a Free Business Growth Audit to get expert guidance on scaling your business with clarity and confidence.

© Copyright. Kase Dean Limited. All rights reserved.

Attract Sell Nurture and ASN are trading names of Kase Dean Limited. Kase Dean Limited is registered in England and Wales, company number 11675593. Registered office: 86-90 Paul Street, London, EC2A 4NE.

oneagency

Book your free 30 min call

By scheduling a call, you can gain valuable insights tailored to your specific needs, whether it's optimizing your ad strategy, targeting the right audience, or maximizing your return on investment.

Fill in the form below and we'll contact you to book your free call.

Close
Page Created with OptimizePress