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Archive - February 2021

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1
How To Prepare Your Business Plan In Real Time
2
Put All Your Employees In Their Places!
3
Start A Helicopter View Business Plan
4
What A Business Plan Can Do For You

How To Prepare Your Business Plan In Real Time

You know you need a Business Plan, right?

If you haven’t prepared one yet, it’s only because you haven’t had time, right?

But you know how important it is – you know that without one you can only struggle in the rut in your business, doing just what you’re doing now – surviving.

You know that without a clear direction and a list of critical goals that can take your business in the direction you really want it to go, you’re actually working blind.

So, let’s get you to prepare a Business Plan – if all that’s stopping you is the lack of time, here is how to write your Business Plan in one day.

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Put All Your Employees In Their Places!

You need to put your staff in their place!

No, I don’t mean be a strict disciplinarian and shout at everyone!

That’s not the way to build stability and loyalty – and let’s face it – not the way to build a long-term business!

No, what I mean is that like any group of people, like any team, each person needs to have a role to play.

In order for your team to be productive and effective, everyone knows where they fit into the system, how they work with others, and how they are to be measured in their work.

Small businesses grow organically, so it is not unheard of to find that in small businesses, some of your employees are jack of all trades.

There’s nothing wrong in that, but trust me, in order to grow and scale, you need to identify where everyone sits in the team and what their primary purpose is.

Here’s the disaster that could happen, so read on:

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Start A Helicopter View Business Plan

If you own a small business, you need a business plan.

If you haven’t got one, it can only because you haven’t realised what benefits they can bring you, or you think you haven’t got time.

Look, I can’t fool you – it will take some time to follow a good business plan process to write your business plan.

But it is an investment in time in your business because the process will not only reveal some real truths about your business, it will clarify your way forward.

Want to build a business you can be proud of?

If so, you can’t just head off on your merry way and hope for the best, even if you think you have a clear idea of the type of business you want to build.

Just as you can’t head off on a vacation without knowing where you want to go and what you want to do there, you can’t build your business into one that you can be proud of if you don’t know what would make you proud of it and how to put it together to get there.

Lack of time is only an excuse.

You can find the time if you thought it had value.

So how about spending a couple of hours with me and let’s go through and put together a simple helicopter view of your business plan?

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What A Business Plan Can Do For You

If you own a small business, then if you haven’t already prepared a business plan, you will have heard of them.

If you have not prepared your business plan, it’s probably because you can’t see what it can do for you.

You may think your business is too small, or that you can manage everything within the time you have, or that you can’t look too far ahead because it’s unpredictable.

You may think that it’s too much bother – you know what you want to do and you’ll just take small steps until you can afford the time or money to aim bigger.

In response to that, let me ask you this: whether you have only just started the business, or if you have been in business for a while, is the direction and progress of your business:

  • going exactly where you wanted to go and there have been no missteps or missed opportunities; and
  • proceeding in a time-scale that is how you want to progress, not too slowly for what you want and not so fast that you are overwhelmed?

I believe if you are truthful, you would have to say that often, you are overwhelmed, that sometimes you are frustrated you can’t grow faster, and sometimes, you wish you were able to make decisions about what to do next faster.

Well, if you did answer honestly, then you should be interested in why a business plan can benefit your situation.

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