5 Tips for Making the Most of Your Business Plan


1 – Take the long view and do long-term planning. Map out where you want to be five years from now and how you plan to get there.

2 – Write the plan yourself. You will learn more about your business by doing so.

3 – Think of your plan as a living document. Review it regularly to make sure you are on track or to adjust it to market changes.

4 – Share the plan with others who can help you get where you want to go—such as lenders, key employees and advisors.

5 – Understand that you might pay a price in the short run to obtain long-term business growth and health.

Brought to you by SCORE “Counselors to America’s Small Business.”

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