Running a Successful Business requires setting feasible financial targets and proper planning. It is equally important to consider the following aspects, like:
- Succession planning
- Strategizing to respond to competition’s advancements
- Expanding services, products
- Implementing state-of-the-art technology
- Developing personnel
- Addressing weaknesses
- Leveraging strengths
- Improving costs and margins
Source: 12 Steps In Strategic Planning For A Successful Business