Plan for business succes
I’ve been surprised to come across a fewer larger businesses on the Sunshine Coast that are guilt of this – no planning. I’m not surprised with smaller businesses – lack of resources and strategic planning skills means some small businesses struggle with this.
That said – planning for your business future is more important than ever before.
And it begins with a business model – the work that underpins the plan. Before you begin to make assumptions about the products and services, the market, the price point and your channels of delivery use a business model canvas to discover and validate core assumptions.
Finally, three, five and ten year plans can be a little tricky in our fast moving marketplace. Instead, focus on your 3 month, annual and two year goals, priorities and actions.