Writing a Formal Business Plan Creates a Blueprint for Success

John Monroe understands the importance of setting goals. In 2024, at age 60, he completed his sixth triathlon. Although he fell short of his 6-hour goal, he posted a personal best swim time — despite having shoulder surgery in 2023. Monroe is already registered for his seventh triathlon in August 2025. And as a senior advisor at Violand Management Associates, Monroe also knows how to go about establishing business goals.“If you want to accomplish something in your business, you've got to set goals,” he says.Then, you need to tell others about those goals to help with follow-through, he adds.“Most of the