Kick off 2008 by taking a good look at your business. Create a strategic business plan for your business. Strategic planning is not just for big corporations; it is an excellent way to monitor your goals and motivate you. For small businesses, there’s no need for boring board meetings, but you can develop a good plan that will guide you throughout the year. Ask yourself what has worked well for your business, what is profitable and review your goals and budget. Indulge in a bit of business navel-gazing as you take the time to plan how you want your business to succeed in 2008. Then review it quarterly to see how the business is progressing. Work smart, be patient and prosper!
Read the Newsday article about Strategic Planning.