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Writing Your Business Plan: Part 2

Once you have created your Vision and Mission statements, it’s time to set your future objectives. These are the goals or targets you want to reach at some future date, usually in 3-5 years. For a small business, you may create goals/objectives with shorter time horizons, say 6 months, 12 months, and 24 months.

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Why is Business Planning So Difficult?

By Eric A Denniston, Managing Director, Denner Group International 2-20-2-13 Takeaways: Business planning requires strategic thinking and analytical thinking skills. It’s important to understand the difference between the two. Best practices include having clarity about where your business is going, keeping the planning process simple, and involving your staff in the planning. Nearly all small…