This Month's Topic

 

Business Planning

Business Planning is used to develop a strategy, determine resources, establish budgets and communicate where the business is now, where it intends to go, and how it intends to get there. The Business Planning output is a Business Plan!

 

 

 

 

 

 

 

Top KEY STEPS include:

THE BUSINESS -

Describe the BUSINESS

Describe the PRODUCTS and/or SERVICE

 

BUSINESS STRATEGY -

Define the VISION and MISSION

Carry out an INDUSTRY ANALYSIS

Carry out a COMPETITIVE ANALYSIS

Identify the STRATEGIC OPTIONS

 

MARKETING PLANNING -

Define the TARGET MARKET

Determine the MARKET POSITION

Develop a MARKETING STRATEGY

Develop the SALES STRATEGY

Prepare the MARKETING PLAN

 

OPERATIONAL PLANNING -

Prepare the MANAGEMENT and ORGANISATION plan

Prepare the OPERATIONAL PLAN

 

FINANCIAL PLANNING -

Prepare FINANCIAL STATEMENTS

Prepare the FINANCIAL PLAN

 

RISK MANAGEMENT -

Prepare the MILESTONE SCHEDULE

Carry out RISKS and CONTINGENCY Planning

 

MONITORING AND REVIEW -

Prepare the business plan REVIEW schedule

 

 

 

 

Within the Management App you will be able to click on the keywords indicated in capital letters and find even more detail!

 

Also, you will find:  

 

Additional Steps for Consideration

Related Checklist

Related Opportunities and Benefits

Related Topics

Related Grouped Items

Linked Pages

 

 

The Management App has this topic and many others covered. The Management Function is available to you. To see the wealth of 'helps' that is available to you. Click here