When was the last time you checked your business plan? Most business owners have a plan but are not actively using it. With a business plan, it’s easy to see where your business is heading and how your day-to-day operations should look like. When you utilise your business plan, you don’t have to struggle with setting goals and achieving them.  For this week’s podcast episode, Barry and Miranda discuss the definition and importance of a business plan. They also explained the three main components that will help you create your plan. They talked about establishing key performance indicators and having a 12-month goal to determine your success for the end of each year. With this information, you can grow your business and get ahead of your competitors. Stay tuned for today’s episode! Discussion Points: 0:00 Introduction 0:26 Initial experience making a business plan2:13 Importance of a business plan2:46 What is a business plan5:19 Create your mission, vision, and values7:20 How your vision influences the way you run your business8:04 What is the target of your business11:22 How to implement the ‘why’ and ‘what’ of your business plan12:04 Make a 90-day plan15:09 Accountability15:51 Simple steps to making a plan Resources: Visit the Tradie Business School website (https://tradiebusinessschool.com/)  Join us on our Facebook Group -  Game Changing Tradies and Contractors  Books mentioned in the episode:  The Path to Freedom: The 9 Steps to Create a Highly Profitable Business That Runs Without You (https://www.pathtofreedom.com.au/free-book-1)  You can also connect with us on Linkedin. Tune in and subscribe to The Tradie Business School: You can listen to The Site Shed on Apple Podcasts, Spotify, and Google Podcasts. Thank you for tuning in! See omnystudio.com/listener for privacy information.

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