As I was talking with my business coach she asked how things were going with the business and if I was achieving my goals. And my response was well yes somewhat. My business is growing it's where it's growing that I have questions about.
Do you know where your business is growing? Not, if it's growing in terms of clients or certain services but more about the direction that your business is taking. Is it growing in the direction that you would like? If not, how do you change it.
As a small business your might look at going through the strategic planning process. While this is not something I would have thought about for a small business but it makes perfect sense. As a business owner you need a plan or better yet a strategy to help you take the steps needed for taking your business down the path your passionate about.
According to the Free Management Library "Strategic Planning" is:
Simply put, strategic planning determines where an organization is going over the next year or more and how it's going to get there. Typically, the process is organization-wide, or focused on a major function such as a division, department or other major function.
What I like about strategic planning is that it supports the work of analysis, setting strategic direction then action planning which is my favorite. I am all about action! So as you grow your business be sure to know WHERE its growing.
You need to be a member of FindVirtual to add comments!
Join FindVirtual