Most small business owners seem to hate planning, yet planning is as important as any other function in your business. A business plan is the compass by which you steer your business and it is the operational foundation of your master exit strategy plan. In this chapter we will look at:

• how you should approach the task of putting together your business plan by starting with a strategic thinking session and then moving on to writing the plan itself

• how the business plan leads in to the master exit strategy plan • why plans sometimes fail • how you should monitor the implementation of the plan.