Best-Laid Plans


An adage says people don't plan to fail, they fail to plan. Are companies writing business plans? If so, do they include budgeting and financial information? The results below are based on a survey of 440 fast-growing product and service companies with $1 million to $50 million in revenues or sales.


Does It Work?

Companies with written business plans increased their revenues 69% faster over the past five years than those without plans.



SPONSORED QUIZ

How well do you know small business?

There are over 30 million small businesses in the U.S., and many of them are optimistic in their outlook. Are you familiar with the obstacles and opportunities they are facing? Test your small business acumen with this quiz sponsored by Chase Ink®.

SPONSORED REPORT

In focus: Payroll

Providing payroll services that comply with ever-changing regulations and meet evolving employee and employer demands is no easy task. Paychex's Tom Hammond discusses common payroll considerations for CPA firms.