Archive - 13/11/2018

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The 5 Stages Of Business Planning

The 5 Stages Of Business Planning

I have been working with small business owners for over 35 years and I am still amazed every day that the large majority of small businesses don’t have a business plan!

Let me run through these familiar statistics again – 80% of small business startups fail within the first 5 years; statistically, the main reason these failed small business owners cite as the reason for their failure is that they did not foresee their best path forward. That’s code for “did not have a plan.”

If you are an emerging small business owner with a relatively new business, and you do not have a business plan that you are working to, every day must be an adventure!

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