The Practice of Planning is one of the Six Business Success Factors that successful businesses do well.
The reason that it is such an important ingredient in business success is two-fold.
First, good planning means that the successful business is prepared for anything. The habit of planning for everything allows the business owner to answer questions in everyday tasks such as:
- “What do I really want to achieve?”
- “What steps do I need to take?”
- “What resources do I need and when?”
Second, the fact that you have laid out a clear path to follow, whether in growing your business or in something small and detailed such as hiring a staff member, means that you remove the every-day stress of not knowing what you are doing from time to time.
Knowing what you should do and when you should do it in your daily actions removes stress because you can plan your day and know at every turn what comes next.