Planning is essential to all businesses during their entire lifespan. It focuses on defining business goals for the future and determining steps, activities and resources needed to achieve them.
Successful businesses regularly review their business plan to ensure that it continues to meet their needs and responds to any internal and external changes.
This guide explains how you can turn your business plan from a static, 'one-off' document into a dynamic template that will help your business thrive. It describes the benefits of ongoing business planning and the importance of writing clear business growth plans.
It also explains how to use a business plan to allocate resources effectively and tells you why you should regularly review your business plan.