Growth Planning

Plan a little,
grow a lot

Don't tie your business to a rigid 40-page plan.

Instead, adopt a ‘Growth Planning’ mindset that helps you:

  • Quickly adapt to change and be ready for anything
  • Stay focused on your goals
  • Make decisions that drive revenue
See The Process
Growth Planning

Traditional business plans weren't designed for today's economy

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.

They take too long to write

It can take days — or even weeks — to write a formal business plan. That's on top of all the research required.

They're outdated almost instantly

You can't update traditional business plans quickly as markets change and your business evolves.

They're too difficult to put into action

It's tough to implement a business strategy when the most important details are buried within a massive document.

Applying for funding?

Some lenders, such as banks and government agencies will require a traditional full-length business plan. Learn More

The process is now more important than the plan

By clarifying your ideas, forecasting your finances and then evaluating the results, you'll better understand what really works for your business.

Value of the Growth Planning Process
  • Plan

    Think through your goals, target market, competitors and more by creating a one-page business plan.

  • Forecast

    Forecast sales, expenses, and cash flow so you know whether or not you're on track to hit your goals.

  • Evaluate

    Compare your forecast against your actual sales and expenses each month to spot new opportunities while holding yourself accountable to your goals.

  • Refine

    Adjust your plan based on the numbers. Maybe your business model needs tweaking. Or your prices are too low. Or your product line needs to change.

Learn More About The Process

Research shows that the principles of Growth Planning drive success

30%

Faster Growth

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%

Higher Achievement

Documenting and reviewing your goals makes you 40% more likely to achieve them, according to a study by the Dominican University of California.

129%

Stronger Start

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.

Two ways to start Growth Planning

Do it yourself
with spreadsheets

This is a budget-friendly option for entrepreneurs who are comfortable crunching numbers. All you need is a single-page plan, a spreadsheet and the right mindset.

Time Investment

Financial Investment

Get Resources

Do it with support
from LivePlan

LivePlan software gives you everything you need for Growth Planning: financial dashboards, cash forecasting tools, video tutorials and expert help via chat.

Time Investment

Financial Investment

Try LivePlan