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Sign into your accountBuild a Business Plan... Build a Business Plan... Build a Business Plan!
November 16 2012
Guest contributor Ernie Whitehouse of PCMS Consulting says:
Have you had enough of the pundits screaming "Build a Business Plan" from the lecture circuit? While they are correct, the fact is few of them have actually done it themselves.
They are terrific motivational speakers, and they really can talk the talk. But walking the talk in the everyday pressure cooker of running a business is a different story. Especially in this economic environment.
Most of us start the New Year with great aspirations about developing and implementing a new business plan for the upcoming year. Unfortunately, three quarters of the business plans never get fully implemented. Instead they end up filed under good intentions.
Understanding the reasons why business owners build a business plan, but then fail to implement it, is another long and complex blog post entirely. Resolving those issues for your specific company is better served with a diligent real estate coaching and/or consulting program.
However, there is a simple formula for business planning success in 2013. We have successfully used it in the businesses we own and run, and with those of clients we serve. Its core components include simplicity, clarity and accountability.