Does your company have a current business plan? Most business owners have created this important map of where their company stands and where they’d like it to go in the future. However, changes in your business—including new developments in the economy—may undermine some of the assumptions that you made in the past. This is a good time to update your plan, including your expectations for future sales, expenses, growth, staffing and many more elements of your business. Remember that your CPA firm can help you analyze your current situation and future prospects, and determine what they mean for your future.