A business plan is an outline of the ideas relating to your business. It contains your business goals and expectations. It can be considered your business's résumé. Here are some things to include in ...

What Is Visionary Planning?. The planning function in business is often thought of as the process of allocating the company's human resources, capital and productive capacity in a way that... The ...

Find out what you must do before starting a business, from writing a business plan to getting the proper insurance.

Planning for an ownership transition should be a standard part of every owner’s business plan, no matter the stage of your ...

In my experience, any thoughtful strategic plan you come up with to scale and mature your business is going to take a minimum of 18 months and as much as 5 years to execute. At my school for business ...

Business planning has always been part of the core of successful organizations. From startups to Fortune 500 companies, a robust business plan lays the foundation for growth, competitive advantage, ...

Many integrated business planning processes fall short of delivering the full value they can provide. Too often, companies enter into IBP with the wrong vision and intent, seeing it mainly as a way to ...

DECIDE ON THE TIME FRAME FOR EXITING / TRANSITIONING YOUR BUSINESS When do you want to retire or sell your book of business? Does this timeline work within your current business model? If the ...

While the exact statistics vary across different studies and surveys, the general consensus is that a significant portion of businesses lack a comprehensive succession plan. According to a survey ...

As a kid, I remember my dad--the quintessential methodical, organized engineer--sitting me down at the kitchen table for his favorite bi-annual lecture: "Planning For Your Future." His yellow legal ...