Category - Business Planning

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1
How To Write A Business Plan Quickly & Effectively
2
How To Implement All Your Business Ideas
3
Why Should A Small Business Write A Business Plan?
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What To Include In Your Business Plan
5
What Type Of Business Plan Do You Need To Grow Your Business?

How To Write A Business Plan Quickly & Effectively

There are many ways to write a business plan.

As a small business owner, with not much spare time, even while knowing that a business plan is important for the growth and direction of your business, it is not easy to find the time to focus on writing your business plan.

So what you need is a proven process that is fast and effective, so that the business plan you produce gives you the best bang for your buck, is comprehensive, and actionable from the first day.

Like anything else, writing a business plan is a process – there is a formula for any success – so what is the fastest and most effective process to write your own business plan? Read More

How To Implement All Your Business Ideas

When I started my consulting business, I had a very clear idea of what I wanted to achieve.

I was very clear in the type of people I wanted to help – small business owners – and what I needed to do to help them, by providing effective tools, resources and processes that they could use and grow their businesses the way they wanted their businesses to grow.

What wasn’t as clear was how I put together a business that provided them with these tools and resources – in my career up to then I had accumulated some very effective and different ways to provide strategic and business planning, help them in their marketing and sales funnel processes, positive ways in building leadership qualities and creating great teams, and simple but effective processes to establishing norms and procedures that produced high-quality products and services to their customers.

What do I do first? Read More

Why Should A Small Business Write A Business Plan?

Several of my blog subscribers have written to me lately asking whether their small business should have a business plan.

Some of them made the case to me that since they are sole proprietors and only have a few staff working for them, they didn’t feel the need to have a business plan for their business. They thought their business was too “simple” and they figured out what to do on an “as needs” basis. Others told me that they felt they were not confident in trying to prepare their own business plan and weren’t sure any benefit would outweigh the effort.

My first answer to them is to show them that statistics show 80% of small businesses fail within the first 5 years, and of those who survive, most still reported themselves as “struggling.” Only those few who reported themselves as “successful” had prepared business plans to guide their businesses. If nothing else, this shows what a powerful asset having a plan is for your small business. Read More

What To Include In Your Business Plan

In other articles on my blog, I have described why any small business must have a business plan.

I have also explained the SMART Business Planning formula where you follow 5 simple steps to write your own actionable business plan.

However this week I wanted to talk about what goes into your business plan document. Read More

What Type Of Business Plan Do You Need To Grow Your Business?

A well-written, actionable business plan defines exactly what you want your successful business to look like and be like.

A good business plan examines where you are now and then takes you through step by step strategies to get you where you want to go.

An excellent business plan sets up systems to ensure you implement and follow through so that your business plan automatically set your priorities and create organisation out of day-to-day chaos.

The question is what type of business plan do you need to grow your business your way?

Read More

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