In this video, Marcus Lemonis, host of The Profit, (thank you to Ink from Chase for posting on YouTube) tells you why you should have a business plan, and although it doesn’t have to be formal, it should be written down. I whole-heartedly agree – writing things down provides a ton of clarity, and for me makes ideas more tangible and workable. Once the ideas are clear, then you can develop a good plan, that answers a few key questions, against which you can execute and bring those great business ideas to fruition with much more ease than without a plan. Statistics show that 85% of business failures are due to improper planning. And as Benjamin Franklin said, “If you fail to plan, you are planning to fail”. So, if you want success and better results, get those ideas written down and write out your plan (do your homework!).
If you don’t have a business plan, and/or don’t know where to start, you’ll want to read my post from last week 8 Steps to Create Your Road to Success (8-simple-steps-create-business-success-linda-spencer). Have questions or need help? Contact me for a complimentary Business Clarity Session (valued at $247) Business Clarity Session Request Form
In one week, I kick-off my 4 month Success Readiness Program: Create Your Business Roadmap to Success. This intensive program is all about building the foundation for your business success. Success Readiness is about learning and implementing the tools and best practices for you to create clear goals and action plans for your business. Want more information – click Here (PS – registration closes Monday November 23rd, and there are only 2 spots left!)