How Often Do You Review Your Business Plan?

Surprisingly, a high majority of women who enrol on the Business Accelerator Programme don’t have a business plan.

However, I would argue that a business plan acts as an essential tool, a road map to steer you to your future success - you need to have some kind of written plan.

Okay, maybe a formal document that you would present to your bank manager isn’t necessary, but if you haven’t recorded specifically what it is you are wanting to achieve (your vision) with a clearly defined strategy of how to achieve it, how will you know which route to take, which way to go – because you won’t even know where you are heading.

A plan will give you a sense of direction, it will really help you to focus your thoughts and get specific about WHAT it is you want and WHY that important to you. You need to know in advance what projects you are going to work on, the projects will give you the best ROI, the opportunities that are available to you.

My challenge to you today is to sit down and outline a basic structure of how you intend to operate and
develop your business in a realistic and measurable way for the next 12 months.

If you already have a plan in place, congratulations. But I am not going to let you get off lightly, now is an ideal time to review your plan and update it – get clear on the goals, objectives and results you want to achieve in 2010 and you will be ahead of the game, ready to hit the ground running when the New Year comes.