Common Problems
Despite the importance of planning, less than 4% of businesses are currently estimated to have any sort of written business plan. Consequently it is understandable as to why many businesses lack the necessary clarity and focus as to how and where they should be investing their resources/efforts.
It is equally widely accepted that businesses with a well-constructed business plan typically grow 30% faster than their competitors and whilst growth is invariably the Number 1 priority for most businesses less than 16% of companies without a business plan ever manage to secure suitable growth funding.
By way of comparison 71% of the UK’s fastest growing companies have a formal business plan and planning process which in turn allows them to enjoy accelerated rates of growth by pursuing strategies to increase their market penetration, develop new products and markets, and diversify to take advantage of venture specific opportunities.
With annual revenue growth well in excess of 20% these so-called gazelles benefit from far greater resources to either re-invest in further growth initiatives e.g. enhanced sales & marketing activities, new product development, higher calibre staff, more staff, better systems etc….
5-3-1 Vision Orbit
TDODAR Decision Model
SWOT Analysis
What Our Clients Say About Us
Having helped 1000s of businesses and leadership teams, we think they’re best placed to tell you about the impact we’ve had…