The backbone of any successful enterprise is good planning – whether it’s for a school essay, a family celebration or a holiday.
Your business is no different. You need a business plan, and not just because most investors or lenders will want to see a business plan before they consider funding your business.
Good business plans set the course of a business over its lifespan. They can be used as tools to identify where you are now and in which direction you wish your business to grow and they will also ensure that you meet key targets and manage business priorities. They act as a checklist, so you can see what you have done and have yet to do, and also a benchmark for achievements.
Incorporated into your business plan should be succession planning, outlining what happens to your business when you decide to step down.
Business planning to meet your goals
Ongoing business planning means that you can monitor whether you are achieving your business goals.
At Hartsfield, we can help you develop your business plan and, as your trusted adviser, help to keep you accountable, so you ensure you follow the plan and monitor your progress.
To discuss drawing up a business plan, succession planning, or to review your current business plan, please get in touch.