Increase Your Profits The Easy Way
- Joe McDonnell
- Dec 4, 2023
- 1 min read
Training pays twice. Here's how...
It gives your venues immediate short term results to accute problems AND it gives you massive returns in the long run:
Great teams create happy guests.
Happy guests make loyal guests.
Loyal guests generate profit.
Rinse repeat.
Every single investment in training should result in clear, tangible and measurable impacts on your business for days, weeks , even years.
Providing quality growth oppotunities to your teams means your people feel inspired, energised and empowered to do their best work.
Not only that, but ALL of the data suggests they will stick around longer, increasing productivity and lowering operating costs.
PLUS giving teams an opportunity to meaningfully engage in their craft can reveal new perspectives, opportunities and ideas for your business.
Rinse repeat.
The linchpin is ensuring the training quality is high enough and targeted to the right problem in your business.
Without a solid plan, "lets train up the staff" becomes just another sunk cost.
What are the best examples you've seen of groups investing in their people?

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