INTERACTIVE VIDEO
OVERVIEW
Have you ever thought about the importance of setting aims and objectives in business? In this interactive video, we explore the reasons why it's essential for businesses, both new and established, to have clear goals in mind. A business's aims represent the overall targets that it hopes to achieve in a specific time frame, while objectives are the specific tasks and milestones that must be accomplished to reach those goals.
We learn the story of Luke Stevens, the owner of the Ship & Anchor tattoo studio in York, who has yet to establish any clear aims or objectives for his business. As a result, Luke believes that his business is struggling, and he is unsure how to turn things around. The video introduces different financial objectives, such as increasing sales and maximizing profits, and shows how they can be applied to Luke's business to help him establish clear aims and objectives.
By the end of this video, you'll understand why setting aims and objectives is so important for businesses, and you'll have some practical tips for developing your own goals. If you are an aspiring entrepreneur, this video will help you create a clear vision for your future business and set the foundation for success.
CASE STUDY ANALYSIS
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Teacher Resources
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