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Financially Simple Bizcast


The Financially Simple podcast is your one-stop resource for small business owners. Gain unique insights into growing, refining, and selling businesses. You will hear ways business owners have reduced their tax liabilities, increased their income, improved office morale, saved for the retirement of their dreams, and more.
Host Justin Goodbread is a serial entrepreneur, award-winning CFP® (Certified Financial Planning professional), CEPA® (Certified Exit Planning Advisor), and CVGA® (Certified Value Growth Advisor) with years of experience guiding business owners from start to exit in their business.

Jul 26, 2018

In episode 76 of Financially Simple, Justin introduces Business Planning 101.

As Benjamin Franklin once said, “Failing to plan, is planning to fail”. In this episode of Business Planning 101, Justin looks at the planning habits of most business owners and goes over the core fundamentals of having a business plan and executing that plan.

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BLOG TRANSCRIPTION: The Business Planning Process…4 Steps to Help Make Your Plans Successful

 

TIME INDEX:

00:32 - Business Planning 101

02:07 - Buying a Car vs. Saving for Retirement

03:18 - Entrepreneurs Planning Habits

04:40 - Planning gets the least attention

05:49 - So what exactly is Business Planning?

07:20 - The Ultimate Definition

08:53 - Planning with Military Precision

11:46 - Summary

 

USEFUL LINKS:

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Business Planning Definition

 

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DISCLAIMER:

Neither Financially Simple, LLC nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Justin Goodbread, CEO of Heritage Investors, LLC, a Registered Investment Advisor, is an Investment Advisor Representative who offers advisory services through Heritage Investors. The information contained within the podcast is for informational purposes only and not considered investment advice. Seek help from a competent Financial Advisor.