Why do you need a Great Business Plan

Jan 12, 2014 | Planning & Focus

Why do you need a Great Business Plan?
To describe who you are and what you do.

To source out your customers and competitors.

To decide exactly what steps you need to take to succeed

To set goals and objectives in-keeping with your aims.

To create a time line for when tasks need to happen and be most effective.

To make sure your finances are in order and resources are going to be there when you need them.

To plan for the unexpected and avoid some of the problems and risks.

To see how you are going.

To see when you get there and reward yourself at effective times.

Common pitfalls:

  • Avoiding to plan in the first place
  • Leaving our values and visions
  • Misreading your customers
  • Underestimating your competition
  • Ignoring your own strengths
  • Overlooking your weakness
  • Keeping your plan a secret
  • Failing to organize around the plan

Why do you need a Great Business Plan?
To describe who you are and what you do.

To source out your customers and competitors.

To decide exactly what steps you need to take to succeed

To set goals and objectives in-keeping with your aims.

To create a time line for when tasks need to happen and be most effective.

To make sure your finances are in order and resources are going to be there when you need them.

To plan for the unexpected and avoid some of the problems and risks.

To see how you are going.

To see when you get there and reward yourself at effective times.

Common pitfalls:

Avoiding to plan in the first place
Leaving our values and visions
Misreading your customers
Underestimating your competition
Ignoring your own strengths
Overlooking your weakness
Keeping your plan a secret
Failing to organize around the plan

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