Business Planning – Why Bother?
Often we find people have an idea of what they want to do and where they want to head, but don’t actually have a plan. By not having a roadmap of where they want to head they are risking getting lost along the way, or even worse not ending up at the destination at all.
Business Plans are an asset to your business as they allow you to look at its financial standing, and set realistic targets. Also, you take the time to look at the Key Performance Indicators (KPI’s), and identify your businesses opportunities and vulnerabilities. By creating a Business Plan you are taking time out of the day-to-day duties of running a business and focusing on your business. Taking this time will allow you to focus on the goals you have, not only for the business, but for you personally – after all it can’t be all work and no play. From here, an “Action Plan” is put together to achieve these goals, with time frames set to ensure it happens. Each Business Plan is tailor-made and is designed to help your business reach that destination in the most efficient and effective way possible.
Many of our clients have seen the value of a Business Plan including a local builder Jeff Fairweather from JF Building Services Ltd. Jeff was struggling to get everything done in the limited hours each day has, and there was the usual cashflow issues. By attending a Business Planning session he was able to brainstorm ideas on how to solve these problems and come up with a plan. Jeff said he would recommend business planning to people explaining “I think it really makes you focus on what you want for and from your business, and life in general.”
Like Jeff and many more of our happy Business Planning clients, you too can achieve this success. Contact us today to see how we can help you with your Business Plan and have MoreTime, More Money and Less Worry.