So you’re getting started with business planning to help run your business better. You’ve understood that what matters is not the plan document, but rather the planning -- effective, lean, streamlined planning, reviewed and revised often, that results in better management. How do you do that? How do you work smoothly between plans and actions, plans and results? Here are my favorite tips.
-- De-emphasize the document. Focus on dates, deadlines, key performance measurements, responsibilities, people, and tasks. Include and always update projected sales, costs, expenses, and cash flow. Make it as specific and concrete as possible.
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