Strategic Planning - Goal Setting
Strategic planning is the key to any business’ long term success, particularly in a competitive marketplace. Our goal setting process is designed to be specific enough in nature for successful implementation – yet flexible. Flexibility is imperative to ensure the cohesiveness of your staff and their team efforts to collaboratively reach your desired goals. The planning process envelopes each specific area of your business. Our focus is then directed in priority order to achieve the most dramatic effects in the most time efficient way.
Assessments without solutions are a waste of time. Vantage Group makes the most of all the time invested in assessing your company. Solution suggestions are presented to you in a logical and systematic way so we can partner to make the best decisions for effective implementation.
After the assessment we set goals for:
Financial Goals
- Better Cash Flow
- Improved Debt Ratio
- Increased Profitability
- Planned Retirement
Marketing Goals
- Growth of Market Share
- Increased Consumer Awareness and Loyalty
- Better Sales Promotions
- Differentiating You from the Competition
Team Management Goals
- A Plan to Build a Stronger Team
- Developing Strengths & Improving Weakness of Team Players
- Building a Stronger More Cohesive Team
- Personnel Training
Merchandising Goals
- Improved Inventory Performance by Brand, Category, and Price Point
- Merchandise Assortment Including Trends
- Increased Gross Profit Margin
- Increased Return on Investment
Visual Display
- Product Presentation
- POS Signage
Succession Planning
- Determine the Best Strategy for Future Transition (Retirement)
- Reduce Debt
- Develop a Timeline for Retirement
Location Goals
- Improving Store Design
- Site Location or Possible Relocation
- Betterment of Lease/Purchase Negotiations
- Improvement of Overall Store Ambiance