Yash Manoj Patil

Roll no: 16

EDE Assignment No: - 13

Assignment name:- Prepare a short , medium and long term goals for starting a choosen
enterprises.

Short term goals for any entrepreneurs:

Short-term planning in business generally focuses on a three-to-six-month time frame, especially in

reference to revenue and profitability. Short-term objectives are geared towards short-term needs such
as improving cash flow or launching a new product. This short-term perspective is especially useful for
satisfying investors who want to see results or improving your company's bottom line so you can secure
additional financing for longer-term goals. Whatever your short-term goals, make sure they serve your
longer-term vision. Your new product launch should be consistent with your overall brand and with the
line of products you're building over time. Your strategies to improve cash flow should bring in
additional revenue in ways that don't compromise your values or distract you from your overall mission.

Medium term goals for any entrepreneurs:

Medium-term planning is often overlooked in discussions of strategic objectives, but it is important

because it brings together the clarity of shorter-term goals with the depth of longer-term planning. A
short-term goal may be based on an immediate need and a long-term goal may be so broad that it is
difficult to create measurable milestones. But a medium-term goal is close enough for you to project a
specific targeted outcome, while also being distant enough to be meaningful for your longer-term vision.
Medium-term planning generally covers a period of about three years. It may include plans to open a
new store or enter a new market. It is a long enough time frame for you to see if you're achieving real
results, yet it's a short enough period for you to pivot and change direction if your initial strategy isn't
successful.

Long Term goals for any entrepreneurs

Long-term planning is rooted in your company's identity and purpose. It may have elements of
specificity such as a goal to open a certain number of new stores over the next ten years. However, it is
impossible to predict market conditions and current events over such an extended time frame. Because
of this difficulty, even specific long-term plans are mainly concrete ways to express a larger vision such
as eventually supplying work shoes to your entire region. Take your long-term planning very seriously,
but adjust it over time as your medium-term situation unfolds

Conclusion: we can prepare a short, long medium term goals for a chosen enterprises.