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Unlock the secrets of strategic planning for contractors! Learn how to create a compelling vision, set SMART goals, and implement game-changing strategies. Discover why Panda Express's approach works and how you can apply it to your construction business. 

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Topics we cover in this episode include:

• 00:05 - Importance of strategic planning for contractors
• 01:17 - Importance of a vision statement and mission
• 02:25 - Creating purpose-driven work for employees
• 04:05 - Case study: Panda Express and strategic planning
• 05:00 - Wade's business epiphany: The impact of vision and mission
• 08:50 - Learning from competition and SWOT analysis
• 11:19 - Setting SMART objectives for business success
• 16:30 - The benefit of hiring an external consultant
• 19:00 - Implementing and monitoring strategic plans
• 23:10 - Communicating the strategic plan with the team
• 25:30 - The value of revisiting and revising your strategy

LINKS

Visit the episode page at https://carpentercpas.com/strategery for more details and a transcript of the show.

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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com