Business Planning Tool

 

Just in case you did not know the output from Business Planning is that you will have details and plenty of data to create your business plan which you will use to monitor your business progress guide. There is an outline business plan for you to use to create your initial draft.

Key steps to Business Planning

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

RISK MANAGEMENT

Prepare the MILESTONE SCHEDULE

FINANCIAL PLANNING 

Prepare FINANCIAL STATEMENTS

Prepare the FINANCIAL PLAN

Carry out RISK and CONTINGENCY Planning

MONITORING AND REVIEW

Prepare the business plan REVIEW schedule

 

Having done this you will then be in a better position to :

  • Develop your business strategy,
  • Determine resources,
  • Establish budgets and
  • Communicate where the business is now!
  • Where it intends to go! and
  • How it intends to get there!           
 
 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

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 Newsletters

 

WASP The Business Tool

 

 

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