Business
Coaching
Articles
Business Plan Information
Do
you have a clear direction and plan of where your business will
be in 3, 5 or 10yrs? If not, you better get a business plan. A business
plan is a roadmap for your business success. It ensures your going
in the right direction, and gives you alternative options to get
to your destination. Plus
it keeps you on track.
What's
The Purpose of Having A
Business Plan?
To
ensure decisions are made clearly so they fit in with your business.
Too often businesses go off track and fail to see that it is not
the business they want to be in and find it an expensive exercise.
Your business plan helps to:
-
Evaluate new business opportunities
- Present a case for finance
- Plan expansion into new market, or business, product/service
Sound Business Plan Components
A
quality business plan is a comprehensive document containing the
following information:
1.
Business Summary
2. Business Structure
3. Business Operation Plan
4. Financial Plan
5. Marketing Plan
6. Sales Plan
7. Risk Management Plan
8. Growth & Expansion Plan
Make
Business Planning Fun
When
doing your palnning session make it fun and enjoyable. You could
do it with a friend if your startimng solo, or a team if your
in partnership. Mindmap it draw it out and be creative and imaginative.
Some people do it at a cafe, or on the beach. Others hire a seminar
room out and chart the process out...do what works best for yourself
and others.
If
you want a quality sound comprehensive business plan template
go to Business
Coaching Products
or email sbc@strategicbusinesscoach.com.au
Now go for it...
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