Opinions expressed by Entrepreneur contributors are their own.

In what seems like a flash, another year has gone by. For someentrepreneurs, it's been a great year, and others are lookingforward to the promise of 2005. Wherever you and your business fallon that scale, there's no time like the present to assess whatyou did right in 2004 and figure out how you're going to keep agood thing going, or determine what went wrong and come up with aplan to fix it.

All entrepreneurs know they're supposed to have a plan. Youreally can't start a business without one (well, you can, butyou shouldn't). And if you're going to grow, you need aplan that you constantly refer to and update. I'm not talkingabout a business plan here (though I do firmly believe that ifyou're just starting your business, you need one of those). Inthis case, by plan I mean goals. Did you set goals last year? Thesecan be gauged by revenue, profit, growth, number of new clients,customers, product introductions or whatever measure makes sensefor your company.

Memorial Day Sale - Save 20%! Unlock this premium article & so much more with Entrepreneur+

Join the internet’s leading entrepreneur community with our Memorial Day sale! With your subscription, you'll get:

  • Digestible insight on how to be a better entrepreneur and leader
  • Lessons for starting and growing a business from our expert network of CEOs and founders
  • Meaningful content to help you make sharper decisions
  • Business and life hacks to help you stay ahead of the curve

Use code SAVE20 at checkout.

Editor's Pick

A Leader's Most Powerful Tool Is Executive Capital. Here's What It Is — and How to Earn It.
One Man's Casual Side Hustle Became an International Phenomenon — And It's on Track to See $15 Million in Revenue This Year
3 Reasons to Keep Posting on LinkedIn, Even If Nobody Is Engaging With You
Why a Strong Chief Financial Officer Is Crucial for Your Franchise — and What to Look for When Hiring One

Related Topics

Starting a Business

5 Tips For Launching a Business While Keeping Your Day Job

Launching a business while holding down a 9-to-5 is no small feat. It's a common path for aspiring entrepreneurs, but it's not without its challenges.

Growing a Business

The Best Way to Run a Business Meeting

All too often, meetings run longer than they should and fail to keep attendees engaged. Here's how to run a meeting the right way.


Working Remote? These Are the Biggest Dos and Don'ts of Video Conferencing

As more and more businesses go remote, these are ways to be more effective and efficient on conference calls.

Growing a Business

This Stock Screener is on Sale for Memorial Day

invest while mitigating risk with this top-rated stock screening app.

Side Hustle

A Simple Household Chore Turned Into a Side Hustle — Now She Earns Up to $24,000 Per Month

Christian Sanya, 44, was working as a medical laboratory technologist in 2019 when she discovered a side gig that would change her life.