Evaluating the Long Term Planning for Your Business

This evaluation process is not only for businesses with a written long-term plan in place (a small minority of private businesses). Not having a written plan in place does not mean that there is no long-term plan for a business. The plan occurs with various decisions being made and those decisions are communicated in a variety of ways and comes into being in informal and unwritten form. Whatever the planning status of your business, there are certain evaluation questions that can be asked that suggest the efficacy of the long-term planning for the business.