Business Planning Tool
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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
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Describe the BUSINESS
Describe the PRODUCTS and/or SERVICE
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BUSINESS STRATEGY
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Define the VISION and MISSION
Carry out an INDUSTRY ANALYSIS
Carry out a COMPETITIVE ANALYSIS
Identify the STRATEGIC OPTIONS
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MARKETING PLANNING
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Define the TARGET MARKET
Determine the MARKET POSITION
Develop a MARKETING STRATEGY
Develop the SALES STRATEGY
Prepare the MARKETING PLAN
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OPERATIONAL PLANNING
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Prepare the MANAGEMENT and ORGANISATION plan
Prepare the OPERATIONAL PLAN
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RISK MANAGEMENT
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Prepare the MILESTONE SCHEDULE
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FINANCIAL PLANNING
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Prepare FINANCIAL STATEMENTS
Prepare the FINANCIAL PLAN
Carry out RISK and CONTINGENCY Planning
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MONITORING AND REVIEW
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Prepare the business plan REVIEW schedule
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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!
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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
