What are the possible effects if there is no business planning?
It is hard to hit a target you don’t set and business planning determines goals with the tasks and initiatives that need to be met to achieve the goal. Every company should set some strategic/growth goals that require planning to be achieved.
7 GOALS TO CONSIDER IN YOUR BUSINESS PLANNING
- Sales
- Revenue
- Staffing
- Profit margin
- Speed
- New offerings
- Major innovations