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.



RESOURCES

Keeping you informed and prepared amid the coronavirus crisis

We’re gathering the latest news stories along with relevant columns, tips, podcasts, and videos on this page, along with curated items from our archives to help with uncertainty and disruption.

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Building process maps: Template and instructions

Documenting your financial close process and finding opportunities for automation are more important than ever. Our customizable slide deck has instructions, a risk assessment questionnaire, and bonus checklists that will help you map out your process.