Business Chops Tip #50: Are You Planning to Succeed?
Custom retail businesses are under stress today. Yoga or workouts may help you manage the situation, but they don¹t address the realities of a tough market. What then? Dust off your business plan. Planning is your best management tool.
It helps you anticipate problems and develop programs for dealing with unanticipated challenges. Your plan helps you answer the question,'Am I doing the right thing for my business, right now?" You may say 'But I don't want to feel boxed-in and I¹m too busy putting out fires anyway.' Our response: No excuses start planning now. Are you planning to succeed?
Author's Note: Creative and technical professionals (from musicians and actors to designers and engineers) rely on their "chops": those skills and techniques that they use to be successful on the job. Stiernberg Consulting coined the term Business Chops to encompass those skills, experience, and tactics that you rely on to be more successful. Whether you are a dealer, manufacturer, distributor, rep, or design firm, this series includes tips and techniques for optimizing sales, profits, and growth of your Custom Retail business.