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Planning for small businesses

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Planning for small businesses

In larger companies"The Board" is responsible for setting the goals of the company and how these will be achieved.

In a small business, "The Board" may be just the owner, or a couple of people working together, but that doesn't diminish the importance of having goals and proper plans.

Research conducted by Gail Matthews of the Dominican University, California, found that writing goals down increased the likelihood of achieveing them and this was further improved if the goals were augmented with some form of planning.

This means it is worth spending some time writing your goals down and creating action plans for how these goals will be achieved, and this is true for small businesses as well as larger companies

Thirdwave offers mentoring and coaching for business owners to help with developing their businesses.

Please contact us to find out about "Planning for small businesses"

 

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