In the early days of 2015, many people will still be in a wintry state of slumber after the excesses of the Christmas period, but entrepreneurs can’t afford such luxuries. A new year will bring a myriad of new opportunities, so it’s essential that businesses plan ahead, and anticipate how they will make the most of them. A recent article by entrepreneur Chris Ducker looked at how it’s important to start planning as early as possible. Here, Glowing Global review the article, and consider how to make an effective new business plan.
“It’s common for business people to get their business plan out at the start of the year, but not enough of them make the drastic changes that can be needed”, said Ricco Katona. “Your business, and the world around it, will have changed a lot since you wrote the plan. That’s why it’s important to revise and re-write the plan at regular intervals. The sooner you start to plan for the year ahead, the sooner you can gain a head start over your business rivals.”
The article looks at how many people leave their business plan until they get back into the office after the new year. Business is fast paced, and entrepreneurs who stand still can soon find themselves getting left behind. That’s why Chris Ducker starts making his plans in the last quarter of the year. When January 1st arrives, he’s ready to put his new plans into action, and he also keeps a close eye on them throughout the year to ensure that he remains on target.
To create a perfect business plan, it’s essential to think carefully about what you want to achieve. Your goals should be ambitious, but also carefully targeted. In this way, you can tell whether you are meeting or exceeding the target, or if further work needs to be done. These goals can be monetary ones, or they may involve the launch of a new product or service. They may involve attending more conferences and seminars, or even expanding your business into a new territory. Plan ahead as much as possible, and consider what will really mean success for you in the coming year.
“In depth planning is essential, but it’s never too early or too late to start”, said Ricco Katona. “Once you know what you want to achieve, it’s much easier to find ways to achieve it. Entrepreneurs who remain focused on their new goals throughout 2015 will find that in business, anything is possible.”
Businesses can gain help with achieving their goals from the tailor made marketing campaigns of Glowing Global. They bring real returns on investment, along with new customers and enhanced brand recognition.