Failing to Plan is Planning to Fail

Why Failing to Plan is Planning to Fail: The Power of Business Planning

I INTRODUCTION 

In business, failing to plan is planning to fail

II IMPORTANCE OF BUSINESS PLANNING

The following section reviews the key elements of an in-depth business plan.


III HOW TO CREATE A BUSINESS PLAN

a) Define your vision and mission statement;

b) Conduct a SWOT analysis;

c) Set goals and objectives;

d) Create an action plan;

e) Define key performance indicators;


IV IMPLEMENTING YOUR BUSINESS PLAN

a) Assign roles and responsibilities;

b) Communicate your plan;

c) Monitor progress and make adjustments;


Develop a clear consist plan and watch your business grow

V CONCLUSION