Comments on: Plan As You Go Business Planning

By: Garage Kits

Garage Kits — Tue, 21 Sep 2010 17:53:23 +0000

Tim makes a lot of valuable points in this interview. Samantha, Your contest looks very interesting. It’s great to see the company supporting women in business.

By: Nikki May | Business Plan Writer

Nikki May | Business Plan Writer — Wed, 15 Sep 2010 11:57:23 +0000

Today, the business environment is very dynamic. Markets and customer needs change very fast. Competition gets stiffer by the day.

The bottom line is: a business plan is basically a framework within which you operate your business. In your business plan, you have the resources, markets, prices, distribution channels mapped out – however these are not set in stone.

There is a requirement to constantly change as the environment within which your business operates changes.

If you stick to what you outlined in your business plan 12 or 24 months ago, without reviewing the current environment, you will not succeed. Your business plan is there to guide you towards your vision, mission and profit goals – but it needs to be flexible enough so that changes are made when necessary.

Great post, thanks Tim.

By: Small Business Development

Small Business Development — Sun, 28 Mar 2010 13:26:51 +0000

From years of selling business plans and asking hundreds of business owners if they have and business plan, and when answered with yes, it is great to see an expert talking about how it should be a dynamic tool as so often the feedback from business owners has been, ‘it sat on the shelf when I finished it gathering dust’.
Well done!

By: Business Plan Writers

Business Plan Writers — Fri, 25 Sep 2009 07:43:44 +0000

Hi,

I totally agree with you, initial business plan should be reviewed and adjustments are needed every time, it is an ongoing process. We always adjust it according to the market needs and changes. Most business plan lacks in quality, because they do not have any plans for change, world is changing so fast, so why not our plan; according to the market situation?

I personally like your post; you have shared good insights and experiences. Keep it up.

Business Plan Writers

By: Anita Campbell

Anita Campbell — Wed, 21 Nov 2007 13:55:49 +0000

I enjoy all my interviews, but this was one of my absolute favorites, on so many levels!

The business planning advice was practical and down to earth; the entrepreneurial insights were inspiring and useful, too.

Thanks, Tim!

By: Chris

Chris — Thu, 08 Nov 2007 16:44:05 +0000

I consider a business plan a strategic plan. It may include other facets, however, it’s still a strategy. And if it’s approached as an ever-evolving, flexible plan – it becomes a daily strategy.

By: EJMalyn

EJMalyn — Thu, 08 Nov 2007 00:54:47 +0000

Tim, Great points here. You certainly have simplified business planning. Your expertise is valued and appreciated. Thank You!

By: Amanda

Amanda — Wed, 07 Nov 2007 18:20:01 +0000

Tim makes a lot of valuable points in this interview. Samantha, Your contest looks very interesting. It’s great to see the company supporting women in business.

By: Samantha

Samantha — Wed, 07 Nov 2007 02:29:46 +0000

Thanks for this great article and information. When you all are done with those business plans, and are ready to get your business going…There’s this great contest called, “Make your Dreams Come True with Mirassou.” One business women will be awarded $50k, plus a team of highly professional consultants to help kick start their business=D You can check out: http://www.mirassou.com/women_in_business/dreams.asp for more details & to enter! The deadline is Dec. 15 2007. Anyone going to give it a shot? I work with them, so just helping to get the information out! Good luck with your business plans, and the contest!