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Why the Business Action Plan? Only you can answer these and many other questions that will arise. You’ll respond to these questions while writing the Business Action Plan (BAP). We can answer one question for you: Where do I get started? By asking yourself the next question… What’s in it for me? You may be thinking, “Why should I waste my time on drawing up a plan?” Here are the benefits of doing just that. 1) A plan to follow toward profits: It guides you through the turbulent economic seas and guides you into the harbors of choice. 2) A BAP is your business profile. It makes it easier to let your banker in on the action. By reading your BAP, it gives insight into your unique situation and lends credibility for your request of funds. 3) This can be your communications tool when you need to orient your personnel, suppliers or clients as to your goals. 4) A BAP develops you as a business leader and manager. It can give you practice in thinking about competitive conditions, promotional opportunities, cash flow status and other advantageous situations. 5) It is your “Roadmap” to success. Remember that those who fail to plan can plan on failing! It’s the most important document for your future… |
![]() To find out when the next “Business Action Plan” Training will take place - call 1.877.844.9848 or email Jeff Badgley, Project Coordinator. |
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