30_new_business_planThe days of the 5 and 10-year business plan are long over – everything is changing at such a fast pace.

Business owners need to review their plan to determine what has already changed and forecast what could change – competition, technology, demand for the products or services of the business, etc.

Plans must be updated and must be realistic for the foreseeable future.

Click here for free sample business plan formats.

Michael MarksMichael Marks, creator of Toons ‘n Tips, is a Certified Business Intermediary (CBI) and has over thirty-six years of business experience and ownership. He is a licensed real estate broker in the state of Colorado and has been selling businesses for over eighteen years. Michael has taken up cartooning as a hobby in recent years and has found that by using those skills, along with his extensive business experience, he has been able to create the Toons ‘n Tips drip marketing service for clients all over the country. Find out more about Michael at www.toonsntips.com.