Does a business need a business plan?

All business need to have a business plan, to help them manage their business. Without one businesses are essentially rudderless. Business planning has numerous benefits for businesses -incl

1. Helps Staff Focus on Key Objectives
2. Helps ensure all are 'on the same page'
3. Can be used to manage performance.
4. Can be used to manage cashflow.
5. Can be used as an early warning sign
6. Can be used to assess internal ideas

In short business planning is an essential activity for all businesses.