Morebusiness.com: “Your business plan will be the road map of your enterprise. It will show you how to get to where you want to go. To develop a good plan, you need to write down the answers to quite a few questions. To get you thinking, let’s jump twenty years into the future. Describe your life. Are you still working or are you retired? Are you worth a lot of money? If so, how is your wealth distributed? Stocks? Bonds? Equity in your business? Other businesses? Are you an independent consultant or do you have a company? How large is your practice/company? What is your annual revenue (in today’s dollars)? How many hours per week do you work? Do you work on weekends? Do you travel? And most importantly, are you happy? Tough questions? Maybe. But they need to be answered honestly and realistically. I know that life can hit you with some unwelcome surprises that might change the way you want things to be. It is because of these changes, however, that you should re-evaluate your plan every two years — about as often as you replace a pair of daily-wear shoes.”

Originally posted by Dane Carlson on April 16, 2004 in Ideas.

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