“when it comes to planning, businesses need some improvement”.
Only 13% have an annual budget in writing,
Only 14% have an annual business plan in writing, and
Only 12% have a long range plan in writing.
In all, nearly 60% of businesses have no plans on paper at all!
This could be a major reason why over 80% of small businesses fail within three years.
“if you fail to plan, you plan to fail”.
However, businesses and entrepreneurs aren’t the only culprits. Pathfinders client base includes companies ranging in size from $10 million in revenue to multi-billion dollar internationals. Whenever I call on a consulting prospect…
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