Business Wisdom Podcast

When should you update your business plan


Listen Later

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

    • Resources
      • Planning to Succeed in Business: With Business Plan Template
      • Business Wisdom: Strategies for Success
      • ...more
        View all episodesView all episodes
        Download on the App Store

        Business Wisdom PodcastBy Clive Enever