No Time to Plan? A Common Misconception
"Not enough time for a plan," business people say. "I can't plan. I'm too busy getting things done."
Too many businesses make business plans only when they have to. Unless a bank or investors want to look at a business plan, there isn't likely to be a plan written. The busier you are, the more you need to plan. If you are always putting out fires, you should build fire breaks or a sprinkler system. You can lose the whole forest for paying too much attention to the individual trees.
A good planning process should save time, day by day, month to month. It helps keeps businesses focused on what's most important. Maintaining priorities is efficient.
Review your plan vs. actual results regularly to save time by avoiding mistakes, maintaining progress towards goals, identifying problem areas, and watching the business for areas which need attention.
Keys to Building Better Plans
Business Plan "Don'ts"
Copyright © Timothy J. Berry, 2006. All rights reserved.