Think ahead
Achieving your firm’s long-term goals requires more than just writing a five-year business plan, explains John Needham
Think ahead. It’s easy to say but not so easy to do. In my experience there is a trap that some intermediaries fall into and that is concentrating on the now and on income generation.
Income is of course important but successful firms also think about their longer term goals and the mix of skills they need to get there. Thinking ahead isn’t just about a five-year business plan but involves looking further and deeper to clarify what the current owners and the next tier of management really want
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