To be good or improve business planning, it's important to realize several realities.
The first one is to realize planning is a skill, and because it's a skill the more you use and develop it, the better you become at it.
Secondly, planning is a marathon, so start simple by collecting important market data, which defines the market and your business place in it.
For example, choose the appropriate course of action to move the business forward, create objectives with a timeline, and then match expectations to results, fixing those which didn't work and improve on those that are working.
And, then expand planning from there.
Thirdly, planning, and how well it is done, and the discipline it creates, is one of the shows the owner's willingness and dedication to make their business a successful one, their individual talent and their passion for competing.
The reason for this is because planning is hard to implement and track and it exposes weaknesses and forces accountability from ownership.
These are the 7 fact to become a successful business planner:
1. If you don't lead, no one will follow.
2. If you don't control it, you don't own it
3. Protect your company assets should be your first priority.
4. Planning is about preparing for the future, not predicting it.
5. If you don't market your business, you don't have one.
6. The market place is a war zone, every company has competitors and you must compose yourself and package your business.
7. You don't just have to know the business, you need and have to know the business very well.
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