chicago limos Broadlands ... Chicago Drug testing

Planning for Success

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:

  • We have done well so far, so how would a plan help us?
  • I'm too busy keeping up with what we are doing now.
  • What if an opportunity comes up that is not in the plan?
  • We're too small to worry about planning.
  • We can't plan because things change so rapidly.

The problems evidenced in businesses that fail to plan are:

  • Being taken unaware by changes in the economy or industry,
  • Being reactive, always putting out fires rather than solving the cause of problems,
  • Lacking focus, people in the business are not sure of their real purpose or objectives,
  • Lack of growth, repeatedly coming up against the same problem but never finding the solution,
  • Disorganisation, lack of time, inefficiency.
  • Most of these problems are actually the result of not planning.

A business plan can assist a business to make real progress, by:

  • Forcing you to set goals or objectives,
  • Determining the business' strengths, weaknesses, opportunities and threats,
  • Establishing priorities,
  • Finding solutions to ongoing and potential problems,
  • Helping you to become better organised,
  • Showing the way to be freed from day to day pressures.

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:

  • A definite purpose, or "mission", understood by all employees,
  • Clear direction and objectives for the future,
  • An identifiable competitive advantage,
  • Well thought out strategies,
  • Well organised and efficient operations, and
  • Better chance of being successful in having consistent and controlled growth.

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.

In The News:

NASA flight engineer Kathleen "Kate" Rubins set out on her fourth career spacewalk on Friday, in an effort to ready the International Space Station (ISS) for solar array upgrades.
Astronauts from NASA and the Japan Aerospace Exploration Agency (JAXA) have embarked on the year's fourth spacewalk to service the International Space Station.
NASA is slated to announce what it says is a "series of firsts" in its Mars 2020 Perseverance rover mission.
A flutter of earthquakes shook Oregon's Mount Hood on Monday. 
SpaceX's Falcon 9 rocket successfully launched 60 new Starlink satellites early Thursday morning.
An ancient Egyptian papyrus version of "Mummification for Dummies" has been revealed by a Danish Egyptologist as the oldest how-to guide yet found.
For the first time in history, astronomers have detected what they've deemed a "space hurricane" in Earth's upper atmosphere.
The asteroid Apophis, nicknamed the "God of Chaos," will pass by Earth on Friday.
Residents of the U.K. were surprised over the weekend when a slow-moving meteor blazed across the night sky.
A massive iceberg, larger than New York City, recently broke off from an ice shelf in Antarctica, according to researchers on Friday. 

Microsoft Great Plains Implementation: Pharmaceutical Corporation Specifics ? overview

Microsoft Business Solutions Great Plains serves mid-size and large clients... Read More

Completing the Annual Planning Process

Imagine an office without a desk, or lights, a computer,... Read More

Five Crucial Components of a Business Plan

The format of a Business Plan is something that has... Read More

Going Self-Employed ? A Few Handy Hints

The day you decide to take the plunge and work... Read More

Family and Friends Referrals Make the Best Franchisees

As a franchisor it is imperative that you seek, find... Read More

Is Your Company Growing Fast Enough for You?

Are you frustrated by the lack of growth in your... Read More

Sony?s PSI Project

In 1989, Sony founded its Institute of Wisdom at the... Read More

Business Ideas: 3 Smart Ways To Generate Profitable Business Ideas Anytime

Creativity is one of the greatest tools for success in... Read More

I Always Play by the Rules and It Stinks!

This week I coached a wonderfully lovely woman I'll call... Read More

Designing an Efficient Distribution System

Let us look at a few of the big distribution... Read More

Sample Business Plan Outline

If you are looking for a partner, funding, angle investor... Read More

What is a Shared Vision?

So what makes a vision successful? Everyday companies try to... Read More

Business Plan: Planning the Operations

Writing a business plan is no easy task, sure you... Read More

Innovators Role at Hard Times

One Research Scientist at the Hewlett-Packard (HP) Imaging Systems laboratory... Read More

The 7 Critical Steps to Formulating Your Annual Strategic Business Plan

Businesses tend to avoid doing their annual business plan thinking... Read More

Idaho Market for Automotive Businesses; Doing it Right

Anyone who has been watching the Idaho Market Carefully for... Read More

Connecting Your Offline Business to Your Online Business

These may sound like no brainers, but you'd be surprised.... Read More

Business Strategy Planning Made Easy

Ask Yourself three simple questions that affect your strategy planning...... Read More

What Every Service Provider Ought To Know About Writing A Business Plan

It's easy to lose sight of what needs to be... Read More

Three Steps to Give Your Strategic Plan Traction

We all agree Strategic Planning is a critical part of... Read More

The Impact of Price Popularity on Profits

The goal of almost every business owner is to generate... Read More

Planning For The Slow Season Of Your Business To Increase Sales

Every business experiences slower periods. For some, they sell more... Read More

The Top Five Reasons Strategic Plans Fail

"Most great plans aren't. They are just nice, high-level ideas."That's... Read More

Executive Summary for Business Plans of Franchisees

Writing a business plan for a franchised outlet of a... Read More

Dayton, OH; Why your Company needs to expand there

In Ohio: besides the 3-Cs you should look at Akron,... Read More

adding a second level to a house tri level house additions ...