What You Need to Know About Finance and Strategic Planning

When a business begins a strategic planning session, most everyone is focused on the excitement of the vision and mission. Unfortunately, many businesses develop a wonderful plan without adequate financial involvement. While dreaming about the company’s potential is definitely how the strategic plan needs to start, business owners need to be armed early on with financial analytics and forecasts to make the plan workable, achievable and successful. That is why I highly recommend that you get a strategic finance advisor in place from the beginning of the process. If you would like more specifics on the various roles finance plays in the strategic planning process, check out this article on the AGB.org blog. To receive a personal consultation about your strategic planning needs, I welcome you to contact me at melghandour@b2bcfo.com or 214-277-2806.

photo credit: gabrielsaldana Moving the queen via photopin (license)

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