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    For a better future, it is very much essential to think about financial planning. Got to know about gratuity rules as my dad will get it and sought my help. Thought that it will be a good idea to know about it beforehand.


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    [QUOTE=So my questions are very open ended, but I hope you will answer with your personal business operating/planning experience.
    How important is business planning to your business? What are your main areas of focus anytime you create a plan? How often do you stray from your plan?

    Knowing what you know now, what areas of planning do you wish you would have focused more or less on when starting-up?[/QUOTE]


    Business Planning is very essential in all business. It will be a guide for you to target the growth of your business. You can measure your success through the plan if it was use. Also, it might be crucial to change business plan you must have 3 plans ahead. Like Planning 1 , 2 and 3. If problem occurs you know what to do. If I create a plan I focused on the strategy and what would be the impact to the customers.


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    Business Planning. This is the start of all activities.
    Financial Management. Profitable, sustainable growth can only happen with a solid understanding of your numbers.
    Marketing. This is the driving force of your business.
    Building a Team.
    Customer Service Strategy.
    Sales & Estimating.
    Continuous Improvement.


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    #14
    Join Date
    Jul 2019
    Location
    Amsterdam, Netherlands
    Posts
    10
    Planning for business is important. It identify the goal. Plans can be created to handle possible future scenarios.


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    Business Planning. This is the start of all activities.
    Financial Management. Profitable, sustainable growth can only happen with a solid understanding of your numbers.
    Marketing. This is the driving force of your business.
    Building a Team.
    Customer Service Strategy.
    Sales & Estimating.
    Continuous Improvement.


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    We need to stay focus and encourage ourselves constantly to stay on track. Fundamental Action is the core of success. If you create a plan of action and build on your goals, anything is possible!


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