Business plans, tactical plans and strategic plans… Let’s lay aside the question for a moment of which you need and consider what are the triggers that might indicate you need a type of planning process that would involve a written document.

• When trying to evaluate the worthwhileness of a new venture or expansion
• When attempting to finance a venture or expansion
• As a board-directed entity in which the members will be rotating “in and out”, it’s good to have a strategic plan as an operational compass.
• When you need “buy in” from members in order to move forward
• As part of a succession-planning process

Some plans work well in-house.  At times, it’s critical to have a third party guiding the planning process. We’d like to be on your planning team.  Contact us at (573) 554-2270 or hr@executiveadvantagellc.com.