The ten year business plan

Why do I need a ten year business plan? I'm happy with only a one or three year plan? Lets deal with the business myopia straight away a ten year business plan helps real business owners to have some idea of what they want to do and where they want to go. If you have a mortgage or pension plan then you personally can think further than three years... Funding a 25 year mortgage or pension off the back of a three year plan either suggests that you have one hell of great three year plan or you just haven't bothered to take on the enormity of the undertaking. Let's look at the current financial instability and uncertainty globally today if you started your business in 2009 then you can't have much joy in your business plan as it is probably a one way decent into oblivion. Much of your well thought our strategy has been blown away and there was nothing you could of done to change that - it was out of your hands. On the other hand if you had a ten or even fifteen year plan then you have had a hiccup in the business whilst still in start up mode. Happens to everyone. You thought about the future in your pension plans or marriage plans or even your mortgage plans so why not in your business plans. It's difficult so you need help and advice to get you there. SO what are you waiting for..?