How to Be Strategic
Strategic business planning is much more than just a tool to obtain financing. If you still have all your plans and ideas lock up inside your head, preparing a strategic plan can help you clarify your company's direction. It can ensure that your key leaders are all on the same page, and keeps both management and staff focused on the tasks at hand.
When To Use?
Starting a new venture
Expanding a current organization, product or service
Buying a new business, product or service
Turning around a declining business