How often should you update your business plan? It’s a great question. The reality is any business plan is a living document, and it’s one that needs reviewing and updating as your business changes and evolves.
In this episode of the Business Wisdom podcast, I discuss the key reasons why you might need to update your business plan, including how often to review it and the importance of creating a document that changes and evolves to help guide your business to success.
Key takeaways
- A business plan is a living document that should be reviewed and updated regularly.
- The key events that might trigger a business plan update
- What a good plan will do for your business, and what it should include
- The top tips for conducting an effective business plan review and update
Highlights
- [1:00 – 2:00] Reasons to update your business plan
- [2:00 – 3:00] What a good business plan should include
- [3:00 – 4:00] How often to review your business plan
- [4:00 – 5:00] Tips for updating your business plan
