[Survey] Strategic Planning of Business Owners

Small business owners consider "action plan and tactics" to be the most important area of their business.
The majority of TAB members surveyed indicate they review and adjust their strategic plan quarterly. Compared to the majority of no-TAB embers who adjust annually.
Only 4 out of 10 business owners rate their written strategic plan as "good".
The primary reason business owners cited for having no written strategic plan for their business was "not enough time, too busy".

Future Outlook

Business owners who describe their strategic plan as "excellent" or "good" are much more likely to project a sharp increase in profits and sales revenue next year.
Of all areas expected to benefit from a strategic plan, Sales Revenue is where most business owners expect to benefit once the plan is implemented.

Pulse Survey