Q: When should you review your business plan?
A: Every day!
Do you feel like you’re churning away inside your business and not getting time to work on the things that will really move you forward? Well firstly, you’re not alone. But if you keep going this way, another year will soon pass by and your business will probably be in exactly the same position as it’s in now.
That might be fine by you, but if you’re looking to grow and get to the next level, you need to take back control of your time and make sure you’re prioritising the right things. As in, you need to allocate time to work on the important things. Ie. the things that you identified on your business plan!
Make your Business Plan a Daily Priority
Here’s the simple way… Find your business plan (hopefully it’s just one-page) and pin it up on your wall to check in with every day.
A business plan shouldn’t be something you just write once and then shelve. The idea is for it to guide your thinking and business decisions on a day-to-day basis. It should be a living document that you live, eat, breathe and sleep – trying to remain true to and periodically updating.
If you have a team, they should see how dedicated you are to making your business plan a reality. They should know the details of your plan and be focussed on it as well.
How are you going with your monthly targets?
What about your monthly action items?
Do you even remember what they are?
Haven’t got a business plan?
If you haven’t got a business plan that’s working for you, use our one-page template to write yours now.
Don’t let perfectionism get in the way of doing this. Create a business plan that works for you. Some plan is always better than none.
Schedule Time Blocks to work on your Actions
Not getting around to doing the things that you know will make a difference? Look at the actions you identified as being most important, and then schedule time on your calendar to work on those things. Yes, actually put in appointment times when you will work on those things.
Chances are, most of your actions are fairly chunky tasks. So break them down into bite sized pieces that you can manage in a 1/2 hour or 1 hour slot. Schedule in the tasks you want to work on this week. Remember, the day-to-day stuff will get done somehow, it’s the non-urgent but important things that you really need to make sure get done.
Try doing a daily business plan review for the next two weeks and see if you don’t notice a huge difference in your productivity.