Have you started planning for 2011?
Blimey. I've spent the last two and a bit days furiously scribbling on countless sheets of A4 paper in an attempt to formulate next years business plan. I have to be honest - aside from writing business plans to gain funding, we've not formally reviewed our business plan since the early days (to say our current business plan was gathering dust is an understatement!), so this was a long overdue job.
So where do you start writing a business plan? What's the point? Does it actually do any good? Well, I have to say that writing this plan was a surprising enjoyable exercise. It's focused what we're doing, where we're going and where we've come from. With some projects up our sleeves for 2011 (more on that later!), it was important to put pen to paper and figure out what we expect from the business, and how we're going to get it. It made me realise how far we've come in just a year, and what we can do over the next few months if we really put our minds to it.
I don't profess to be an expert in this sort of thing, but I certainly do recommend you take a day to review your business plan if, like me, you haven't done so for a while. I revisited the Business Link website to help guide me through the process, and found it fantastically helpful. If you're entering the new year without a clear set of goals, take some time now to put a plan together. I promise it will be helpful!