Strategic growth happens in your business planning. Even though you have started your business it is never to late to grow. Some businesses take time to develop a thought process of growth because some owners are still developing a forward thinking process. In order for a business to not only survive but to "Thrive" a business plan is not only essential but, necessary.

The company we recently developed a plan with has been in existence for over 10 years, this is just an example, that it's never to late. First Invest, Inc. develop a strategic plan for The Cuyahoga Coalition which host the IRS VITA (volunteer income tax assistance) program throughout the entire County of Cuyahoga, Summit and Lake Counties. This plan establishes a strong presence of "Free Income Tax Preparation for Low Income Clients" at a phenomenal rate. We tested the plan and increased client participation from 1,744( 2016 income tax season) to 3,588 this tax season of 2017 filed from January 2018 to April 2018. These numbers are real and concrete because the plan was successful executed.

We suggest that you make a commitment to your business today, by developing a strategic plan that will take your company beyond its current existence. The longer you prolong this process, the longer it will take for your business to grow. Take these first steps:

  1. Make a decision to move forward
  2. Have a conversation with your Board, Executive Staff or Yourself (if you're the only one in charge)
  3. Write down the decision and
  4. Make a commitment
  5. Find an company that fits your decision and can help you flush out a plan

I know this may seem scary but, it is the best decision for the future growth of your company. Start heading in this path today for a brighter future tomorrow.

Wealth for Life,

Omelia

Next article, "How to Pick a Company to Help with Your Strategic Plan."