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.
Microsoft Business Solutions Great Plains serves mid-size and large clients... Read More
Imagine an office without a desk, or lights, a computer,... Read More
The format of a Business Plan is something that has... Read More
The day you decide to take the plunge and work... Read More
As a franchisor it is imperative that you seek, find... Read More
Are you frustrated by the lack of growth in your... Read More
In 1989, Sony founded its Institute of Wisdom at the... Read More
Creativity is one of the greatest tools for success in... Read More
This week I coached a wonderfully lovely woman I'll call... Read More
Let us look at a few of the big distribution... Read More
If you are looking for a partner, funding, angle investor... Read More
So what makes a vision successful? Everyday companies try to... Read More
Writing a business plan is no easy task, sure you... Read More
One Research Scientist at the Hewlett-Packard (HP) Imaging Systems laboratory... Read More
Businesses tend to avoid doing their annual business plan thinking... Read More
Anyone who has been watching the Idaho Market Carefully for... Read More
These may sound like no brainers, but you'd be surprised.... Read More
Ask Yourself three simple questions that affect your strategy planning...... Read More
It's easy to lose sight of what needs to be... Read More
We all agree Strategic Planning is a critical part of... Read More
The goal of almost every business owner is to generate... Read More
Every business experiences slower periods. For some, they sell more... Read More
"Most great plans aren't. They are just nice, high-level ideas."That's... Read More
Writing a business plan for a franchised outlet of a... Read More
In Ohio: besides the 3-Cs you should look at Akron,... Read More
adding a second level to a house tri level house additions ...I read once that something like 30 percent of all... Read More
We all know that nothing runs without a plan, and... Read More
If you are in the parking business and own or... Read More
Franchised companies often require what some believe to be excessive... Read More
Why cut costs now? Efforts are multiplying to cut costs... Read More
A strategic alliance is when two or more businesses join... Read More
Here is an abstract thought on studying nature and the... Read More
A well known, national chain of restaurants discovered that certain... Read More
We all agree Strategic Planning is a critical part of... Read More
Anyone who has been watching the Idaho Market Carefully for... Read More
You have invested a lot of time and energy on... Read More
"Most great plans aren't. They are just nice, high-level ideas."That's... Read More
Cassy was an employee of a nonprofit who had been... Read More
Is there a 'magical' way to exponentially grow your business?It's... Read More
Private equity firms have raised so much capital over the... Read More
You have heard that there is extra money on the... Read More
Imagine spending the same amount of money on marketing and... Read More
I am not a big fisherman, but I do enjoy... Read More
Businesses tend to avoid doing their annual business plan thinking... Read More
What do Mark Victor Hansen, Robert Allen, Anthony Robbins, Andrew... Read More
If you are looking for a partner, funding, angle investor... Read More
There's nothing automatic about corporate growth, particularly in the information... Read More
Many companies are reluctant to dive into outsourcing ocean because... Read More
When looking at Akron carefully one cannot help but notice... Read More
In this small article we'll concentrate on farmers associations and... Read More
Strategic Planning Strategic Planning |