Don’t let your business fail at the first hurdle The importance of a Business Plan
Believe it or not, there are some small-to-medium-sized businesses out there that still don’t have a proper business plan in place. And this isn’t because their owners don’t know what they’re doing; they’ve just had a great business idea, set up quickly and hit the ground running.
Before you know it, time becomes scarce and all that admin you need to do gets pushed aside because you’ve got to get on with day-to-day production or sales.
The trouble is, businesses can’t afford not to have a robust business plan in place, and here’s why.