Why you should update your business plan regularly to drive growth

If you want your business to continue growing, you need to continuously plan for the future. Although many people write a business plan when they're launching a new business—and it's often a prerequisite when you're seeking funding— it shouldn't be a static document. Instead, it should be a dynamic template that creates a roadmap for the future growth of the business. Here, John Catibog shares the lessons he learned when his own business was failing to thrive and the steps you can take to avoid stagnation and make sure your business is heading in the right direction.

[Read the full article on bplans.com]

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