Planning and Evaluating your Business

Keeping your organization healthy means planning for the future and evaluating past efforts. Having an annual business plan can assist you in planning by thinking about budgeting, market analysis and financial plans. BPlans.com offers a lot of articles and information about business plans.  Here is an outline from them of the kinds of things a business plan should include.

It is also important to evaluate your plan to see if you need to make changes. This article gives an example of how actual sales compared to a business projection, and how adjustments were made in the plan based on real sales. In part 2 of the article, they look at evaluating cash flow and planned vs real profits and loss.