There is no more productive use of time than planning ahead. The more time you spend in planning of a project, the less total time is required for it.
Opening a business without a business plan is like setting out into the middle of nowhere with no map or supplies and trying to find a specific location you’ve never been to. You have an idea where you want to go but you have no idea of which direction to take or what supplies you will need. How can you possibly hope to get there?
The matter of the fact is that most entrepreneurs do exactly that. They have a brilliant idea and the courage to go after it. But that’s not enough. There are thousands upon thousands of small businesses that failed, despite that initial great idea and their owner’s courage to go after it.
Plan first, implement second
It is vital to work your way through the entire planning process before you begin to put your business ideas into action. For example, if you sign a lease or a location before you complete your planning, you may find that you are stuck with a location that is completely inappropriate for your business.
A journal is your planning tool
A journal will help you plan your business venture from beginning to end. It provides space to write down ideas, notes, plans and details of your business venture. Always write you visions down.
The big pictures
You need a visual picture of your business as you plan it. This will make the actual writing of your business plan a lot easier.
No matter how small or how large your business, you've got to aggressively plan the work — and then aggressively work the plan!