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 REPORT

2019 State of Financial Reporting Survey

We surveyed nearly 600 finance and accounting professionals on their month-end close and reporting processes. See the results.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.