Tuesday, August 20, 2013

Do You Set Aside Time For Business Planning?

You have heard the saying “If you fail to plan, plan to fail” haven’t you? Planning is the best use of a manager or owner’s time.  Yes, we agree that not all “plans” work out as planned.  But, not planning means that you don’t even have a goal to measure against.

Most business owners will tell you that they have many things to worry about.  Competition, employees, regulations and sales to just name a few. Consider what Winston Churchill had to say about that subject, “Let our advance worrying become advance thinking and planning.”

Thomas Edison also had thoughts on planning, “Being busy does not always mean real work. The object of all work is production or accomplishment and to either of these ends there must be forethought, system, planning, intelligence, and honest purpose, as well as perspiration. Seeming to do is not doing.”

Keep in mind that you need to make sure that your planning is then put into action.  Plans alone will not move your business forward.  Only your actions can actually do that.

You also want to keep in mind that the action and the plan need to go hand-in-hand. “A goal without a plan is just a wish.” Is a quote that carries the best idea to understand what is the difference of having a goal and having a plan.  For your business it is no different.  You need to plan and execute those plans to move forward.

Make no mistake here, we aren’t talking about a written business plan that might make as you get started.  We are talking about the day-to-day, week-to-week and month-to-month plans that allow your business to respond to the changing conditions that every business faces.

You need to have many different levels of “planning” for your business.  They can be simple and necessary like employee schedules to your marketing and advertising for an up coming holiday. 

Most small business owners agree that the greatest challenge they face is finding, training and keeping good employees.  In most cases your employees are the first line of contact with customers a good or great employee is vital to your business success.  Your employee palning and management is vital to your overall business success.

To fully understand the complex nature of hiring an employee is you may want to read the following information at http://www.sba.gov/content/hire-your-first-employee

No two businesses are alike, so business plans are not one-size-fits-all. Although it may be tempting to rip off a boilerplate business plan or to copy the plan from a successful business, that denies you the ability to address the unique challenges of your particular company. Worse, untailored business planning is an easy way to set yourself up for failure.

Do you need help with your next business printing job?  Call MI Printing at 623.582.1302 and let us be your local business printing resource.

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MI Printing 
Phone: 623.582.1302
Email: sales@printinginaz.com