Marketing Plan vs. Business Plan: Why Both Help Businesses Optimize Success

business plan

To succeed, business leaders need to establish clear goals, allocate resources, identify challenges, and set a path for growth. Still, many companies operate without a written plan. So, what plans are vital to organizational success? A business plan provides the foundation for overall strategy, operations, and long-term sustainability, while a marketing plan lays out the roadmap for customer acquisition, branding, and revenue-driving activities. While creating a business and marketing plan can seem intimidating, the process builds alignment, engagement, and puts everyone on the same page.

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Essential Takeaways from the Bob Pritchard Radio Show (featuring Gerri Knilans)

Last month, I was interviewed by Bob Pritchard, host of The Bob Pritchard Radio Show, the number one business radio show in the world for entrepreneurs and business executives. This weekly show is broadcasted on VoiceAmerica Talk Radio Network, the leading producer, distributor, and online broadcaster of original live and on demand talk radio programming worldwide. The show is listened to by millions and is heard in more than 140 countries.

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The Marketing Plan Template: An Essential Resource

Successful marketing doesn’t happen on its own. To get results, you need a written plan. Without one, companies fall prey to trial-and-error or end-to-end marketing. This guarantees companies will spend more time, money and energy than necessary. It may seem obvious, yet only 32% of B2B marketers state they have a documented marketing strategy.

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How to Establish a Viable Marketing Budget

marketing budget

Creating a marketing plan without a marketing budget is like building a house without a roof. The undertaking is unfinished and will not serve the purpose for which it was intended. Yet, many companies invest valuable time and personnel resources to craft a well-defined, strategically-sound plan that lacks the dollars necessary for implementation.

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