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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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Facing Your Working Capital Challenges in All Economic Times

Whether we are experiencing economic growth or slow down - even recession - there are some basic principles to make sure your company is doing its best to maintain and monitor proper cash flow in all extremes. In this webinar, we will discuss some of the basic principles and then move on to discuss how to properly fund your company without cash constraints.

Key Takeaways:

  • Understand how your operating cycle affects cash flow.
  • Learn which working capital financing structures are best for your company.
  • Understand the differences between conventional financing and alternative markets. 
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