By Jessica Stanic · 4 December 2008 · Locked
A staggering number of small businesses are failing to plan for the future, leaving them vulnerable to economic uncertainty. But why are they taking such a risk, and what does it mean for their long-term success?
The National Australia Bank’s Business Planning Survey has revealed that SMEs are becoming complacent about planning for the future, with 40 percent failing to complete a business plan. Despite being faced with an uncertain economic future, 32 percent believe that they are too small for a business plan, 21 percent lack the time to write […]