Planning does not mean endless meetings. Having an effective business plan will:
Set out exactly where you want your business to be in the future and what you are going to do to get there.
Set clear targets for your business to achieve in order to attain your businesses goals.
Predict potential future impacts on your business and how you will overcome them.
Provide a clear and honest view of your business and have an achievable business plan in place that is agreed by the key people in the business.