Growth Planning
Don't tie your business to a rigid 40-page plan.
Instead, adopt a ‘Growth Planning’ mindset that helps you:
Markets change faster than ever. Technology evolves at breakneck speed. And the pandemic has forever transformed the way we think about ‘work’.
A rigid 40+ page business plan can't keep up.
It can take days — or even weeks — to write a formal business plan. That's on top of all the research required.
You can't update traditional business plans quickly as markets change and your business evolves.
It's tough to implement a business strategy when the most important details are buried within a massive document.
Some lenders, such as banks and government agencies will require a traditional full-length business plan. Learn More
Idea Stage Businesses
Plan: outline your idea
Forecast: talk to ideal customers
Review: examine your feedback
Refine: ensure your idea works
Startups
Plan: clarify your vision
Forecast: set your goals
Review: stay on track
Refine: achieve success faster
Established Businesses
Plan: examine your goals
Forecast: build a roadmap
Review: spot opportunities
Refine: grow your business30%
Businesses that continually track against their plan grow 30% faster than those that don't, according to a study in the Journal of Management Studies.
40%
Documenting and reviewing your goals makes you 40% more likely to achieve them, according to a study by the Dominican University of California.
129%
Entrepreneurs with a plan are 129% more likely to push forward with their business beyond the initial startup phase and grow it, according to a study in the journal Small Business Economics.