Startups.co.uk has reported that many small businesses are at risk of losing around £25bn in 2016 due to lack of adequate planning. ‘26% of UK business owners don’t have a business plan in place yet data shows that working to an effective business plan supports revenue growth’ writes Henry Williams. A business without a plan and cash flow in place is virtually blind when maneuvering in many markets.
26% of UK business owners don’t have a business plan in place yet data shows that working to an effective business plan supports revenue growth
More than 50% of the businesses that do have business plans and cash flows in place perform significantly better as they have a reference point every step of the way.
Follow the link to read the full article at Startups.co.uk