As you prepare for growth, scaling, or even selling your business, it is critical to have a solid foundation for the business to move forward on. While there are many elements to a strong business foundation, there are two that need to be in place for every business.

Are you a super planner or an anti-planner. Regardless of where you fall on the planning continuum, having a plan to guide you in running your business has many benefits.

Do you have an optimistic outlook for the year or has the uncertainty caused you to stop in your tracks. Even in a period of uncertainty, it is important to keep moving forward. Use these tips to ensure you are making forward progress this year.

Having a budget creates a mechanism for understanding where you are spending the business’ money and for monitoring if you are on track to achieve your profit goals. Building a budget does not need to be overwhelming. Here are 4 steps to help you get started as you prepare for the new year.