Why we recommend business plans
Success is about planning. We want to help you achieve success.
Abraham Lincoln is quoted as saying “Give me six hours to chop down a tree, I’ll spend the first four sharpening my axe”
An effective business planning process gets to the heart and soul of your business. Upon completion of the questionnaire, you'll have started the work to have a greater understanding of your vision and core values in order to sit down for a planning session to help you create a clear and concise Business Plan.
This session will require you to take time out from day to day activities in the business to focus on the business. To review your past performance and clarify your future direction.
Enabling you to review actual performance against targets and establish a 90-day action plan to address immediate and critical issues. You’ll set solid and realistic business goals and define strategies for achieving them.
At the end of the session your easy to understand one-page Business Plan will act as a guide for you (and your team) to successfully implement your desired changes. It will ensure your business is on course for success.
Business Planning eliminates a factor that is all too common in business - PROCRASTINATION.
Key benefits of having a Business Planning session:
Review and set business direction
Align goals amongst the owners (if there are multiple owners)
Align the business goals to achieve your personal goals
Identify Gross Revenue Targets and Key Performance Indicators
Establish a robust accountability system
Identify critical challenges and opportunities in your business and the actions required to resolve or maximise them
Set timeframes for achieving goals
Identify what support and resources you will need to achieve your goals
Enable you to communicate your business goals and vision with your team
Provides a platform to develop Financial Forecasts
Use as a basis to set team members’ individual goals and targets
Any time is a good time to complete a Business Plan. Business Planning is crucial if you’re considering a new business venture. We believe in Business planning so much it was the first thing that we did when we decided to go into business for ourselves. We check out 90 action plan every 3 months and do a full reset every year to ensure the business plan still aligns with our personal and business goals. We will encourage you to do the same.
“By failing to prepare, you are preparing to fail” – Benjamin Franklin