BUSINESS PLANNING SERIES – Part 7

 There must be a ‘sunset clause’ or exit strategy in every business project. People die, or they want to move on, their marriage dissolves, their health fails, they want to sell the business, they want a succession plan, they want to retire, they want to start a family, they fall pregnant, they want to merge with a competitor……whatever the reason, businesses change because people change and the economic climate is always changing. So do not plan that the status quo will endure. It won’t.

 

Your plans must factor in multiple changes over time , right across the organization.