M1_P2_EN M1_P2_EN | Page 2

Part 1: The importance of planning Planning Why planning is important?  Clearly lays out where the exporting company wants to go and how it will get there.  Allows to anticipate possible challenges (proactive mode) instead of responding to unanticipated events after they occur (reactive mode).  Helps to manage and reduce business- related risks.  A plan is a formal product of planning. Where How Now Export platforms | Module 2: Business plan for export | 2