Too many people don’t bother to write a business plan because they think it’s too hard or unnecessary unless you’re looking for funding.If you’re still skeptical, here are 3 benefits to business planning you shouldn’t be overlooking.
- When you write down a business plan, you get clarity. And when you get clarity, you get enthusiasm
- A business plan gives you a target. and you become focused on your target and you minimize all the distractions.
- when you are focused you set deadlines to achieve your business goals, and that gives you a sense of urgency.
An organisation that has enthusiasm, focus and a sense of urgency, will always stay on course. You don’t need a big formal business plan to reap these benefits. Instead, think of your business plan as a collection of lists, bullet points and tables. Think of it as something that lives on the computer, not on paper. It’s just big enough to do its job.