Business Planning
As a business owner, you have no doubt been reminded on more than one occasion of the importance of business planning. And no doubt you agree that planning is essential.
And yet in all probability you rarely seem to find the time to sit down and develop strategic plans but end up flying by the seat of your pants, trusting your intuition and relying on snap judgments rather than adhering to a prearranged strategy.
Not that we would deprecate such intuition. Experience has taught us that it is precisely this 'sixth sense' that many business owners and managers seem to possess that is the driving force behind entrepreneurship - and we have learned to take it seriously.
Planning
Without sound analysis, clear projections, and well-thought out contingencies, businesses tend to become hostages to fortune.
Be Proactive
Proactive management is replaced by reactive coping, and instead of following a well-thought-out plan, owners and managers are reduced to responding to unforeseen events, or trying to catch up on missed opportunities.
Regular Sessions
We encourage our clients to schedule regular planning sessions.
This can help:
- Formulate and implement long-term strategic goals
- Set firm operational objectives
- Monitor performance and adjust plans accordingly
- Put systems in place to help you with forecasting and reporting - see our Business Applications Marketplace
