Do You Have a Business Plan?

 

Do you have a Business Plan?

 

Whether you are a start up or have been in business for 25 years, every business should have a business plan.

 

One great thing about business planning is it really gets you thinking about the direction you want to take your business. As a business owner as well as a Part Time CFO, I can tell you that business owners need to spend more time really thinking about the direction they want their business to go. Preparing a business plan provides the impetus to get you thinking about that direction.

 

Changes to the plan are encouraged as a business plan is not one of those things you write up once and stick in a drawer never to be seen again. A business plan is a working document that is subject to perpetual changes. It is the working document aspect of a business plan that makes the business plan effective.

 

Business plan preparation should be a part of every CFO’s arsenal of CFO Services.

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