Discuss the importance of continually re-evaluating your Business Plan and your long-term goals.
Discuss the importance of continually re-evaluating your Business Plan and your long-term goals.
Homework Answers
Importance of continually re-evaluating business plan:
- May be your old plan doesn't seem to reflect reality anymore.
- You have had a chance in management because new managers should get fresh information.
- Stronger competitors are looking to your customers for their growth.
- Significant market change
- Sometimes you need financing.
- New financial period begins with lots of new strategies in the Market.
- For continuous performance check.
Long term goals for business are:
- Expand into new opportunities
- Go public
- Ramp up productivity in Business.
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Discuss the importance of continually re-evaluating your
Business Plan and your long-term goals.
Discuss the importance of a Business Plan to the success of a small business.
Discuss the importance of a Business Plan to the success of a small business.
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