Course Overview
There are many small businesses that operate blindly day after day, not knowing where they are going, with no goals in writing, and with no strategy on how they are going to grow their business. Successful, profitable contractors know the benefits of strategic planning. There are many benefits of strategic planning. First, strategic planning allows you to be proactive instead of reactive. A strategic plan allows to you foresee what is coming and empowers you take the necessary action to change things before they become business threatening. Your plan can also help you identify any obstacles that may get in the way of achieving your goals. Second, strategic planning sets the direction for your company. As a business owner, you must communicate the vision and inspire your team to achieve that vision. Third, your strategic plan will offer you organizational efficiency. Your team and managers will understand what is expected. The plan will also guide management decisions to help identify the budget and resources necessary to execute successfully. And finally, a strategic plan will ensure that your business is a durable one. Without a plan, you run the risk of “winging” it. Sometimes in business we are lucky, but it is far better to be prepared and know why we are winning. While there can be many segments of a strategic plan, there four key components that contractors must make a priority. These components include an annual budget, a marketing plan, a manpower plan, and a training plan.Why You Should Attend Strategic Planning:
You are an owner or GM and are ready to take your business to the next level. You are interested in creating a strategic plan for your business that aligns with your overall goals.What You Will Learn:
- Clarify your vision and priorities
- Establish realistic goals
- Understand the components that go into a budget that will help you achieve your long-term objectives
- Develop an effective operational strategy designed to increase profitability
- Identify potential risks so you can solve them before they become disasters
- Alignment of organizational goals to be communicated with the team
- Understand how to complete your annual budget
- Appreciate the value of managing numbers on a daily basis
Course Price: $1,499