HOW TO GET THERE Where is the “there” you want to be? Is it to make more money, pay less tax, have better cash flow, increase the size of your business, minimize risks, retire, hand the business over to a family member? Then you have to have a plan? Plans lead to defining goals and measuring our success on the way to those goals. Without one you’re just hoping things will come together. A written business plan requires thinking. It illustrates the key things we must do to be successful. It outlines how and when should we measure them so that we can engineer changes for continuous improvement? The business is operated by following the plan to achieve the goals the owners set as the basis of the plan. All successful people developed and followed plans. They involve staff who understands their responsibility to the plan. When everyone works the plan and measures success by the achievement of the plan, the owners gets to where they want to be.
Posted on: Tue, 12 Nov 2013 16:15:41 +0000
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