A business plan helps map out the direction for your small business and a well-executed marketing plan helps you understand how to get there. By providing detailed steps on ways to create brand awareness, increase sales and solidify customer relationships. You may not have a lot of time or the funds to create an extensive marketing strategy – but that does not mean you can’t create an effective one. A study by Marketo shows that companies with a documented marketing plan are likely to be satisfied with their marketing efforts. Slightly more than one-third of the companies polled still don’t have a marketing plan in place.