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FINANCIAL ADVICE

Updating Your Five Year Strategic Plan

By The BIDaWIZ Team on September 5th, 2013 at 6:25 pm

The 2008 recession brought great change to many businesses. Strategic plans from prior years were changed and in some cases completely scrapped for a greater focus on reducing costs. As a result, many c-level executives are now beginning to question the importance of a five year plan. Despite this sentiment, we believe strategic planning is effective when done properly. .
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