Öz Planning process in enterprises of countries in Middle and Eastern Europe is still suffering from previous period. Many years of centrally planned economy influenced the economics of companies and later the thinking of managers and owners. After the change of political and economic system any problems still persists, even though the process of transformation is finished. Small and medium sized enterprises (SME) are many times infamous for lack of available resources, including time and skills. Therefore the combination of this and previous reasons makes planning process to be complicated. Based on this we have focused on analysis of situation in SMEs, position of planning within corporate management, typology of plans compiled in this group of companies and both advantages and disadvantages connected with implementation of plans. This article describes the methodology of research realized on the sample of 225 randomly selected companies and specified results gained from the questionnaires. Results are bringing an insight into business practice of SMEs in Slovakia with strict orientation on planning