Episode 8: Building a Business Plan That Actually Works
Episode Synopsis:
In this episode of Time Well Spent, we explore the essential steps contractors should take to craft an effective business plan. You’ll hear about:
Why mission and vision statements bring clarity and alignment
Conducting competitive analysis to understand market position
Developing a staffing plan to support growth and productivity
Creating realistic revenue forecasts to guide financial health
Building contingency strategies to prepare for setbacks
Using the plan as a living document for ongoing direction and accountability
Related Article: Things You Should Do While Creating Your Contracting Company’s Business Plan