A business' Strategic Plan establishes its strategic direction and will usually cover a period of one to five years.
I like a Strategic Plan to focus on a period of three years because, in today’s volatile world, things get a little hazy after three years.
In this video I list four key components of a Strategic Plan.
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James Price has over 30 years' experience in providing strategic, commercial and financial advice to Australian and international business clients. James' blogs provide business advice for aspiring and current small to mid-sized business owners, operators and managers.