A well-formed plan of action will set your business start-up on course for many days into your first fiscal year. It will provide you with clarity to better prioritize and allocate your time and other resources. Essentially, your actions plan will become your guidebook, setting you back on track on those days you might feel overwhelmed with competing priorities.
As a business owner, you’ll likely face many tasks that are out of your area of expertise. Your action plan will help you identify potential obstacles and items you might want to delegate or outsource. For instance, it may be more beneficial to hire a graphic artist to create your logo than to spend valuable time trying to create one yourself.