Why is a business plan so important?
A business plan helps you grow. According to a survey conducted by the Kauffman Center for Entrepreneurial Leadership. Companies with a written business plan have 50% greater sales growth and 12% higher gross profit margins than those without one.
A business plan keeps you on track. You actually never know what is going to happen in the future. A good business plan has flexibility and acts as a guide to keep you focused when markets change. Or when new opportunities present themselves.
A business plan gives you focus. Your business plan documents your real, tangible and achievable goals. And the actions you’ll need to take to reach those goals. A living, breathing document, it should allow you to make real-time assessments at any point. As well as planning out the next steps accordingly.
A business plan gives you clear goals. Your business plan is a critical document for everyone in your business –motivating everyone to reach the business goals. It clearly states what constitutes success, and shows the team’s key performance indicators. It also demonstrates how everyone’s personal achievements fit into the broader plan.
Who should invest in PlanningCLUB?
PlanningCLUB isn’t for everyone. Check that you meet the criteria:
“My business is more than just an idea – I am already in the game”. This business planning session is designed specifically to help good businesses become great.
“I am not lower-level management, I’m a decision maker in the company”. A plan needs complete understanding of your company. For PlanningCLUB to work, you need to be able to make decisions at the highest level.
“I am serious about taking my business to the next level”. If you’ve been trying to move your business forward, but are struggling to get beyond a certain point. PlanningCLUB will help you break through the barrier.
“I will commit the time need to make this work”. There’s no point starting if you’re not going to be able to see it through. And if time is one of the things you’re struggling with most in your business, then you definitely need to attend PlanningCLUB.