Develop your Business Plan

Whether you’ve just started out or have been running your business for years, business planning can be the key to your success.

Here’s why you need a business plan:

• helps you to prioritize – it gives your business direction, defines your objectives, maps out how you’ll achieve your goals and helps you to manage possible bumps in the road along the way
• gives you control over your business – the planning process helps you learn about the different things that could affect your success. If you’re already in business, it helps you to step back and look at what’s working and what you can improve on
• helps you seek finance – if you’re seeking finance for your business, you’ll need to show banks and investors why they should invest in your business.