For any SME, mastering the art of planning for all aspects of your business will prove vital to its success. By knowing which direction to take, not only helps you reach your goals, but also steers you through the ups and downs, stay on course and navigate any challenges.
Plans don’t have to be scary
Many small businesses fear spending too much time planning as they can’t predict so many elements of their day-to-day activities. Which is understandable, but having a plan in place, even a loose one that has flexibility built-in, allows you to prioritise effectively, as well as save time and energy by not having to juggle everything at once.
Scheduling time
Take time to sit down and plan the different elements of your business, in short, time-bound sessions. Plan your overall strategy and business plan in one session, finance another, and a separate session for marketing and so on. By allocating time to each aspect and keeping the sessions short will help you to reduce the overwhelm that can creep in when you try to do it all at once.
Planning creates consistency and allows for creativity
You’ll have no doubt read everywhere that ‘Consistency is key’ and it is. When you have effective business plans in place you can ensure your activity is targeted and in-line with what you want to achieve overall and that your efforts are conducted consistently -everything just flows better.
It might be slightly counterintuitive but by having a plan you know what’s required when, which means less scrabbling around last minute to get things done. A plan can give you back time in your day for creativity and business development allowing you to spend valuable energy ‘on’ your business as opposed to ‘in’ it.
Creating detailed plans across diverse topics such as finance or marketing can be daunting, even for the most dedicated entrepreneurs and some guidance can go a long way – which is where the West Yorkshire Good Growth Programme steps in to help.
If you’re in need of more support, guidance, and coaching to get your business on the right track, the Good Growth Programme might be exactly what your business needs.
The programme goes beyond just offering a bespoke diagnostic assessment of your business. It includes a series of five masterclass sessions which cover the essential topics such as marketing, digitalisation, finance, net zero, and people & skills.
Additionally, you’ll be paired with a business coach who is specifically matched to meet the unique needs of your business, ensuring tailored support that targets your specific challenges and goals.
For more information visit www.wygoodgrowth.co.uk and start your growth plan journey today – applying is simple, a short form is all it takes.
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