The Optimal Business Planning Process for Financial Advisors

A couple of weeks ago, we kicked off our multi-episode conversation about strategic planning for 2020. As a continuation of that episode, this week I’d like to focus on planning, specifically how to do the planning and preparation.

When it comes to business planning, what most advisors do is they set some time between Christmas and New Year’s, sit down at their desk and figure out what they want to get done this year. It sounds simple enough. But in my opinion, it is haphazard and this strategy results in an easily forgotten 30- 45 days.

Watch this video to learn the correct business planning process that yields optimum results and how preparation helps you determine what version you need to be to achieve your goals.

Related: Why Every Advisor Must Be Business Planning NOW