Why business planning is important

There is an old saying that if you don’t know where you are going then any place will do.

Business planning is crucial as it focuses one’s attention on how a business has been performing and how that can be improved.  Thoughts in the car or shower are brought together and considered in context of all other pertinent matters.  It also presents a road map to better performance.

With the start of a new financial year, now is a perfect time to:-

  • Re-assess your performance over the last financial year.
  • Set goals for the year ahead.

We can assist you this by:-

  1. Set financial benchmarks by which you can assess your performance.
  2. Set non-financial benchmarks by which you can assess your performance – such as the number of sales enquiries per week, the conversion rate of those enquiries … and many, many more from our extensive library.
  3. Show you the effect of changing the key drivers in your business.
  4. Integrate these budgets into your accounting software.
  5. Employ other reporting dashboards to track your performance.
  6. Hold you to account to your stated goals by regularly checking in with you.

Please call us if to arrange a free meeting. The meeting is free so we can gain an understanding of your and needs.  Having gained an understanding of your circumstances and needs will enable us to explain the ways in which we can specifically help you.

As Einstein once said – the definition of insanity is doing the same thing over and over again and expecting different results.

Don’t fall that trap and call Alex Stewart now.

 

At MRS, we will spend today planning for your success.