This Month's Topic
Business Planning
Business Planning is used to develop 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 key words 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
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