Plan to Act: Join GrowthCLUB
In the dynamic world of business, planning often takes a backseat to the daily hustle. Entrepreneurs, driven by the spirit of quick decision-making and constant action, might find themselves neglecting the power of a well-thought-out business plan. However, experts argue that planning is not just essential—it's “a road map that provides directions so a business can plan its future and helps it avoid bumps in the road. The time you spend making your business plan thorough and accurate, and keeping it up-to-date, is an investment that pays big dividends in the long term” (Entrepreneur.com, 2020).
The Pitfalls of Ignoring Planning
Without a solid business plan, businesses will face frustration, wasted resources, and the possibility of projects that will never be implemented. A one-time business plan, created solely for funding requirements and then shelved, is insufficient. A business plan should be a living document, regularly updated to reflect changes in the marketplace and ensure proactive responses to evolving conditions.
The Unpredictable 2020
The COVID-19 pandemic serves as a stark reminder of the importance of adaptability. Businesses worldwide have recently faced unprecedented challenges. Those without flexible, regularly updated plans found themselves in crisis management mode. The pandemic has highlighted the need for businesses to pivot swiftly and allocate resources effectively in the face of unforeseen circumstances.
The Case for Regular Planning Cycles
As the dust settles and businesses reopen, planning for the future becomes paramount. Waiting for crises to dictate actions is a risky strategy. A strong business plan must not simply be reactionary. Instead, a more effective approach is establishing regular planning cycles. This ensures business owners have vital information at their fingertips, enabling them to respond to and plan for internal and external changes.
Enter GrowthCLUB by ActionCOACH
ActionCOACH, one of the world's largest business coaching organizations, recognizes the critical role of planning when it comes to achieving success. Their solution? GrowthCLUB—a quarterly workshop designed to make planning a regular and consistent part of business operations. Brad Sugars, the founder and CEO of ActionCOACH, emphasized the importance of adaptability in today's volatile market conditions when he said: “It’s part of our comprehensive business coaching system. GrowthCLUB is a unique approach to make planning regular and consistent. Market conditions are volatile and businesses have to adjust quickly. With new threats, like the pandemic, we have demonstrated to thousands of businesses just how critical business planning is regardless of the size of the operation”. GrowthCLUB provides a systematic approach to planning that turns it into a normal course of business.
What is GrowthCLUB?
GrowthCLUB is a unique program that hosts workshops every 90 days, helping businesses assess their progress, learn from the past, and plan for the future. These workshops, held virtually in recent times, provide a platform for business owners to collaborate, share ideas, and create actionable plans. The focus is on the next 90 days, ensuring that plans remain relevant and adaptable to changing circumstances.
How GrowthCLUB Works
During these workshops, business owners, along with their management teams, work with certified business coaches to review the last 90 days and strategize for the next quarter. It's not just about looking back; it's about learning from successes and areas needing improvement. GrowthCLUBs foster a collaborative and non-competitive environment, allowing participants to share ideas and insights freely.
Transform Your Business with ActionCOACH
To embark on a journey of consistent and effective planning, business owners can connect with a certified business coach through ActionCOACH. The GrowthCLUB program, coupled with personalized coaching, equips businesses with the tools they need to thrive in an ever-changing landscape.
Planning isn't a hindrance to the entrepreneurial spirit; it's the key to sustainable growth. Joining a GrowthCLUB is an investment in planning for the long-term success of your business. Don't let the unpredictable nature of the business world catch you off guard—plan to act, and join GrowthCLUB today. Contact me to sign up for a complimentary coaching session and discover how planning can transform your business.
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