After the first two weeks of the NFL season it seems some fans are already looking ahead to next year. Their teams have gone oh-and-two and the prospects for winning this year and making the playoffs are somewhere in the range slim to none.
“Better luck next time,” as the saying goes.
Whoa, hold on, isn’t it a 17-game season? Are they giving up too early?
Well, the truth is, as it is with business, an NFL team is really a week-to-week, real-time enterprise. The defense and offense can make subtle or wholesale changes to get on track. Two loses don’t make a season.
Same goes for your business. It’s not that we don’t want to look ahead to next year, but we can manage this team from week to week (or financial quarter to financial quarter) quite successfully.
Remember when we talked about goals? By setting (and keeping on track with) goals you give your company direction, momentum and, really, lift.
Let’s say that at mid-year, your sales are slow or behind projections. That’s when you gather your team together to reexamine your goals and discuss your options to getting back on track. If sales are down, talk over how each part of the enterprise can help sales meet their goals. If production is behind, what can the team come up with to help meet customer demand if the supply chain is challenged?
You get the idea. This is about stepping up and taking action as a team that results in success for the greater good.
If you need help with the financial part of that equation, call or write to us. TFO Solutions is dedicated to helping entrepreneurs and business owners with their financial strategy from the back office to the boardroom.
**photos courtesy of Unsplash (Manasvita S and Behnam Norouzi, photographers)