Take the long view and do long-term planning. Map out where you want to be in five years and how your plan to get there.
Work closely with the person or company that is preparing and writing your plan. You will learn more about your business by doing so.
Think of your plan as a living document. Review it regularly to make insure you are on track and make the necessary adjusts based on changes in the market place.
Share the plan with others who can help you get where you want to go---such as lenders, key associates and advisors.
Understand that you might pay a price in the short run to obtain long-term business growth and wealth.
