While business usually increase over the holidays, that “extra cash” can be put to good use in investing in an annual operations review – looking at what worked and what didn’t in 2015. Every business needs an objective review to map out strengths and weaknesses. More info on operations reviews
Reviews should include:
Look at the financials
Look at marketing plans
Look at costs and ways to increase efficiencies/ best practices
Look at new competition and state of the industry – keeping up with food and service trends
Look at new opportunities to expand – catering, delivery, new locations, new vendor relationships
Here’s more information on our service offerings: Annual Review Services
Be sure to put your ego aside and don’t be shy about confronting what really is happening with your business and how your competition may be slowly gaining on you. Marketing issues need to constantly be adjusted to changing business environments and changing market conditions.