No one could have predicted a year ago how 2020 would unfold. However, strong management teams had a plan entering the year and were able to adjust their tactics and goals in order to quickly pivot when Covid-19 hit. The ultimate missions and visions do not necessarily need to change when there is a major disruption in the market. Strong corporate strategies withstand the test of time and major disruptions. However, tactics, plans, and goals must be altered to adjust for a major disruption. Now, more than ever, participants in the commercial equipment leasing and finance industry need to create strong business plans for the coming year. The 2021 planning season needs to take on an added sense of seriousness and details. Budgets need to be well-thought-out. Now is the time to make sure that plans are well aligned with the mission, vision, and long-term strategy of the company. I am working with teams to create executable plans that will deliver results, no matter the challenges in the market.
Wheeler Business Consulting is working with independent finance and leasing companies, banks, and investors to help them finalize their 2021 business plans. Professionals have many lessons learned from the recent past; and they are establishing plans to move their companies forward. There are unlimited opportunities in the market for professionals and companies that have a plan to capture their fair share. I continue to be impressed with the discipline and commitment that the strongest teams have in creating innovative, realistic, and bold plans for 2021. Management teams are using "real time" data to formulate plans based upon current conditions and predictive analytics. Teams are considering efficiencies and best practices to improve their bottom-line outcomes and attract the highest quality assets.
Wheeler Business Consulting works with banks, independents, captives, origination companies, and investors in the equipment leasing and finance arena. We provide training, strategic planning, and acquisition services. Scott Wheeler is available to discuss your long-term strategy, to assist your staff to maximize outcomes, and to better position your organization in the market.
Comments, questions and suggestions regarding are welcome.