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Pulse Survey

Strategic Planning

Strategic Planning

This is a high-level summary of our key findings from the 2013 Small Business Pulse Survey. This survey concentrated on 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.
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Your Business: Growth Strategies Post-Covid 19

 

For the past couple of months, most business owners and leaders did everything in their power to survive the pandemic. Now it is time to turn off survival mode and begin to thrive in our businesses. In this webinar we will discuss the importance of liquidity and how to effectively utilize it to safeguard your business’s financial health in the future We will also discuss repositioning your revenue and where it makes the most sense in your business.

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