Identifying Your Goals

Bottom Line Profits • June 9, 2021

What is your goal?

What is your goal? This is the first question anyone seeking should ask himself or herself as a business professional while seeking consulting help. What is the client’s goal should be the focus of the client and consultants business relationship. 

 

In order to achieve the desired outcomes of any project (large or small), clear and concise objectives and goals should be agreed upon, such as reducing food or labor costs, developing realistic budgets and revenue reporting to track you business performance. Possibly, examining and developing inventory procedures to pursue accountability of goods purchased and distributed are the goal? These are some of the areas to investigate to find sound business practices. 

 

These costs, such as food and labor costs, are not the primary objective. It is a way to achieve the proper profitable results. Increasing cash flow so one can achieve personal successes or take that much desired vacation, enjoying the fun and sun and drinking margaritas, might be your real objective. Objectives can be business or personal; they usually overlap in one way or the other.

 

Perhaps a new restaurant start up is the goal. The first question to ask would be “why?”  Perhaps you have always dreamed of owning your own restaurant? By discussing your business objectives, it is important for us to understand what your success vision will look like. Picture your restaurant success…. Will it improve your life? What advantages will a successful restaurant have on you or your family? How will you accomplish the necessary tasks to achieve the success needed to make it profitable and successful enough to offer you and your family the means to a good life?

 

Your long-term goal may be to develop more than one stand-alone business, a chain of successful restaurants. Perhaps a franchise to your concept would be the route needed to accomplish further prosperity? What will that mean to your financial future?

 

These are the discussions to have with all clients before we begin any project. It is important that clear tasks and goals be discussed, established, and agreed upon in order to achieve maximum outcomes and values.

 

Call me at 773-470-8239 today so we can discuss Your achievable goals and dreams.


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