Whether you are an established business woman or just starting out, you need to have some kind of plan in place to track where you are and where you want to go. Very much like your GPS. Having a business plan, provides you with a comprehensive, detailed overview of all the aspects of our business.
These are three simple and critical reasons to create a written business plan:
The importance of having a written business plan in place cannot be overemphasized. Your business plan will help you clarify, identity, organize and communicate your ideas to others. It will also help you evaluate areas of strength and weakness; identify business needs that might otherwise get overlooked. Your business plan will also help you spot problems before they arise as well as identify important business opportunities. Overall, your business plan will help you achieve your business goals quickly and effectively.