Business planning is widely acknowledged as one of the keys to business success. Yet there is still a great reluctance by small business owners in this area. This is despite the fact that it can be shown that fewer business fail if they have prepared a business plan.
The following are some of the reasons given for not planning:
The problems evidenced in businesses that fail to plan are:
A business plan can assist a business to make real progress, by:
It has been proved that businesses that plan are more successful than those that don't. The end result of the planning process is a business with:
There are many business planning products on the market and many consultants who specialise in business planning. The benefits of creating your plan will far outweigh any costs. If you want to achieve greater success in your business, it won't happen by accident, or by continuing to do the same things that have got your business into its current state. You need to take some time out to look at your situation and to develop a plan to achieve the business you desire in the future.
(c) 2005 Greg Roworth, Progressive Business Solutions Limited
Greg Roworth is the Managing Director of Progressive Business Solutions Limited, a business development consultancy firm with branches in Wellington and Auckland, New Zealand. Greg has created a unique business development program that assists business owners transform their business from a state of total dependency on them to a state where the business works so well they don't have to.
Greg is also the author of "The 7 Keys to Unlock Your Business Profit Potential," which descibes the fundamental keys a business needs to achieve this transformation. Find out more, get 2 free chapters, or buy the book online at http://www.small-business-success.ws.
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Strategic Planning |