If you own a small business, then if you haven’t already prepared a business plan, you will have heard of them.
If you have not prepared your business plan, it’s probably because you can’t see what it can do for you.
You may think your business is too small, or that you can manage everything within the time you have, or that you can’t look too far ahead because it’s unpredictable.
You may think that it’s too much bother – you know what you want to do and you’ll just take small steps until you can afford the time or money to aim bigger.
In response to that, let me ask you this: whether you have only just started the business, or if you have been in business for a while, is the direction and progress of your business:
- going exactly where you wanted to go and there have been no missteps or missed opportunities; and
- proceeding in a time-scale that is how you want to progress, not too slowly for what you want and not so fast that you are overwhelmed?
I believe if you are truthful, you would have to say that often, you are overwhelmed, that sometimes you are frustrated you can’t grow faster, and sometimes, you wish you were able to make decisions about what to do next faster.
Well, if you did answer honestly, then you should be interested in why a business plan can benefit your situation.