Here are some figures that will make your head spin. According to Search Engine Journal, 50 percent of business owners don't have a marketing plan in place, and 72 percent of owners don't have a succession plan, as per CPA Practice Advisor. While that's bad, only 33 percent of business owners have a formalized plan in place, as per a 2015 Gallup poll.
Though egregious, these numbers seem far too generous. In fact, I believe actual numbers are closer to five percent, two percent, five percent, respectively! 2021 is right around the corner, so you should start crafting next year's business plan, and the perfect place to start is using last year’s plan.
Stop reading this and go grab it.
Please select this link to read the complete article from Forbes.