It helps the entrepreneur think long-term. When writing a business plan, it is important to project into the future and not get bogged down in the steps involved in starting the company.

They do not apply a strategic plan because their daily lives make them lose track of what is important and strategic, and instead, they just work on what is urgent. The presence of a business ...

Angie Mohr, CPA, CA, and CMA, has 18+ years of experience as a freelance finance writer. She is the author of Money$marts and Piggy Banks to Paycheck. David Kindness ...

Business transition planning is business planning. To transition their business successfully, owners intentionally plan in a way that holistically includes their business, personal, and financial ...

Amid market volatility, staying grounded in the fundamentals of strategic planning is critical to weathering ... ripple ...

However, two of the most important plans a business owner should have include both a succession and a financial plan. “You always want to have a plan in place in case of emergencies or if you simply ...

Are the potential inheritors of the family business up to the ... “While secession planning in concept is the answer, the next—and equally important consideration is—how does the family ...

Today, strategic planning is a continuous journey ... rests on systematic resource allocation tied to measurable business outcomes. Many organizations falter here, spreading resources too thinly ...