While small businesses are the hotbed of innovation and main source of new jobs in the economy, they often need help with key parts of their business operation and developing a business plan tops the list. The plan is essential to obtaining financing and loans and operating a profitable business, but is often poorly done. Many companies have outside consultants develop their plan which quickly become stale and useless so they bear no relationship to the actual business. This contributes to a high failure rate for small business.
Experienced SIC executives have identified LivePlan as an easy to use tool to develop a business plan and update that plan to guide that business.SIC work with small business to help them develop and update their business plan. The businesses end up with a plan that they have developed and the skills necessary to track results and make adjustments. SIC offers structured , periodic business performance reviews which drive adjustments to the plan
LivePlan is a product of Palo Alto software, developers of leading business planning software