Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > 2+2 Communities > EDF
FAQ Community Calendar Today's Posts Search

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #15  
Old 07-19-2007, 07:36 PM
NajdorfDefense NajdorfDefense is offline
Senior Member
 
Join Date: Feb 2003
Location: Manhattan
Posts: 8,227
Default Re: The Bar & The Fear.

Organization is key.
The best advice I can give from a business perspective is take a whole day or at least half an afternoon [Tue after lunch? etc] and do serious medium and long-term planning for your marketing, finance, and ops/HR strategies going forward. Cover every easily identifiable contingency and some 'bad' scenarios - theft, fire, lawsuits, change in laws regarding hours, hiring and firing, ad infinitum.

Do this every week, run scenario analyses on how you would improve things, get more customers, wealthier ones, more locals, less, sell more drinks, sell more $drinks [this is all obvious to you, I know] etc. As you can guess, you can easily spend 4-8 hrs a week on all this and when things change [tourist season or reverse] you may need a whole new set of 'plans.'

That usually takes most of the sting out of fear, at least for me. And when I feel overwhelmed, I simply make the old-school 2x2 Matrix of Important to Do/Not, Do It Now/Later and prioritize accordingly.

Best of luck, sir.

Naj
Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 08:24 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.