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Three Tips for Successful Business Planning
Manage episode 181021979 series 1261350
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Do you think that quarterly realignment of strategic initiatives with long-term goals is just for big businesses? Done well, a structured quarterly business plan can serve as a silent, well-informed, and influential business partner to help keep independent retailers on track and accountable.
In this week’s trend report I share three tips to help ensure the successful execution of your thoughtful business planning exercise, as well as three pitfalls to avoid.
Trend report topics:
- Basing business priorities around your business values
- The importance of long-term goals to maintaining big-picture perspective
- Using short-term goals to ensure frequent accomplishments and support momentum
- Prioritizing function over form in a planning system
- Leaving room in the plan to maintain both your momentum and your calendar itself
- Setting yourself up for success with structured goals
For more information on this and related retail trends visit MerchantMethod.com.
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