Empowering Smes

Business plans are very important for all types of businesses, large and small.   Business plans for businesses are just like maps for tourists.  It helps you determine where you’re going to go and to be able to measure along the way whether you’re on target.   Some of the key things contained in developing a business planning strategy is to determine where you want to be in one year, two years, five years and 10 years.  It also helps to give some consideration as to what your exit strategy might be.   Accountants and business advisers can assist you to prepare business plans.  In fact, I recommend that you have a conversation with your accountant or business adviser, to help you in the business planning process.   Where do you start?   My recommendation is you start with a Think Tank Meeting with your key team members or whole team if you like, along with your key advisers.  Appoint someone to be the facilitator, in many cases, this should be your accountant or business adviser, to guide you through the busi