A poor or non-existent business plan is the number 1 reason why business owners abandon ship. However, a solid plan is not enough to inspire most people when challenges arise. This is why it’s important to have a Vision Statement so you know where you want to take your business.
Once you’re clear on the vision you have for your business, you’ll need a roadmap. A business model is a perfect way to get clear on the essential areas of your business, a simple way to create a structure that works for you and your ideal clients.
In this Video I share 3 reasons why it’s important to have a business model:
Whether you have a formalised written business plan or not, it’s important for you to understand how your business is functioning in nine key areas download the Free Business Model Success Quiz – this quiz will help identify areas that need more work!