Without proper planning your company is destined to wander aimlessly without any clear direction and that is a dangerous course to take. From short term goals to long range planning Restaurant Reveal can help you chart a clear path to reach your desired destination.
- The need for short range strategic planning is so often overlooked, but none less important to a company’s success and its financial stability. Have you ever been to Costco without a shopping list or budget? Have you ever been to Vegas with $500 cash and a credit card with a high open limit? Everything from sales forecasting, marketing and promotions, hiring needs, staffing levels, food and liquor pars, capital improvements, equipment, repair and maintenance, requires some form of planning. Opening two new stores over the next eighteen months requires even more intensive planning.
- We’ve all been asked the question “Where do you see yourself in five years?” Strategic long range strategic planning ensures that our short range goals jibe with our long range goals. If our short term goals are out of sync then we must reevaluate them in order for us to stay the course in order to reach our desired end goals. Real planning on any level requires careful thought and consideration of factors we can see such as annual traffic patterns, weather patterns, school schedules, conventions, wedding season, holidays, etc. Planning for the future is like looking into a crystal ball, and those do not exist. Forecasting for inflation, labor costs, rising fuel, healthcare, workers comp, mad cow disease, bird flu, the economy are all factors that can drastically affect our long term goals. Preparing for an uncertain future means that our goals must continually be monitored and reevaluated to ensure we are staying on track. If you desire to sell out, cash out, check out, expand, retire, put kids through college they all require planning. And like a farmer tends to his fields daily to ensure the best yield from his crops we must be as vigilant tending to our goals.