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Business strategy
Importance of future planning in business,
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[QUOTE="TOZZIBLINKZ, post: 284892, member: 37528"] It is obviously true that planning is very important in business. Planning helps a business manager of a business owner to speculate what he or she wants for his or her business possibly over a period of time and also to know whether he speculations can be achieved as a result of using practical means to make sure that he or she achieve them. Majority of business owners and managers establish their business without having a plan for the business possibly within the next 5 years, and all what they do is to manage the business and run it usually and normally as the days go by. With good planning you can expand your business in less than no time even if the business was established on a low scale and on a low capital. They have been series of experiences by business entrepreneurs and managers explaining how it was able for them to single-handedly grow their small-scale business in which day started with a small capital into a large-scale business empire. One thing stands out from their experiences which is basically the fact that they planned not backwardly but rather future relatedly. To assist your future planning in your business it is best to establish your business to your likeness and to your preference. The truth is pretty simple, you can only plan towards something you have interest for and so if you do not have interest in the business you have established you are only going to fail, so be wise. [/QUOTE]
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