Some key frustrations of small business owners have been identified as:
- Lack of progress in growing the business
- Wanting to take the business to the next level but unclear on to how to do this
- Implementing change – creating a plan of action and sticking to it
To add to this – often there are personal frustrations too:
- Too much time consumed by the business
- Weekends and evenings impinged upon because of business commitments
- Friends and family time reduced
Sound familiar? If so, let’s take a look at how the practical step of creating a plan of action – can help to ease the way forward – and ultimately help business owners create businesses that provide them with a particular lifestyle of choice.
Plans are nothing, planning is everything – and implementation is follow through…
In a business era where long-term fixed business plans don’t often work for a business that needs to react quickly to market change – plans are still necessary.
Having a focus – a path to follow, however short or long term that plan may be – helps to ensure that a business keeps on the right track, something to focus progress – and importantly, measure success against. Plans can be flexible, fixed, changed on a monthly basis – whatever works for your business. But you need a strategic direction.
Creating your plan is one thing, and in my view, a significantly important part of the process – but what is absolutely crucial to success – is implementation.
Fail to implement and nothing happens.
So let’s take a look at first things first…