Episode Synopsis:

In this episode of Time Well Spent, we explore the essential steps contractors should take to craft an effective business plan. You’ll hear about:

• Why mission and vision statements bring clarity and alignment

• Conducting competitive analysis to understand market position

• Developing a staffing plan to support growth and productivity

• Creating realistic revenue forecasts to guide financial health

• Building contingency strategies to prepare for setbacks

• Using the plan as a living document for ongoing direction and accountability

Related Article: Things You Should Do While Creating Your Contracting Company’s Business Plan