Business planning is an essential component of successful business management. Entrepreneurs must strategically plan for unforeseen events as well as new competitors that enter the marketplace. It is ...

A strategic plan with key long-term objectives serves as a framework for making decisions and provides a basis for planning. Putting together a strategic plan can provide the insight needed to keep a ...

The following is reprinted with permission from AchieveIt.One of the six reasons why hospital strategic plans fail is lack of focus. Hospital executives typically pile on objective after objective, ...

Tax planning is an activity that enables you to reduce your tax liability. It is one of the most basic yet integral parts of the financial plan, and it helps you save your capital. Several options ...

So much about strategy and planning can seem overly complex and daunting. It needn’t be. In fact, by focusing on these five key objectives, the planning process can be simple, straightforward, and ...

Spontaneity is fun. But in the profit-driven world of big business, thorough planning just makes more sense. The Small Business Administration says 70% of start-ups are likely to fail within their ...

One of the major obstacles to organizational planning is the idea that it is complex, complicated and confusing. It doesn’t need to be any of those things. In fact, as with most endeavors, the simpler ...

Opinions expressed by Entrepreneur contributors are their own. In their book Write Your Business Plan, the staff of Entrepreneur Media offer an in-depth understanding of what’s essential to any ...