Sunday, January 20, 2008

Business Plan Format: A Checklist to Blast Into the New Year


Business Plan Format: A Checklist to Blast Into the New Year

As a business coach working and seeing how lots of successful businesses work, here is a summary of what I have learned in regards to heading into any new year or period.

1. Your Vision is Clear
Can you answer this question:
What are you building your business into taking a 3 - 5 year view?

What will it look like? How many people will be working with you? How will you better serve your customers? Who are your customers? What extra products and services will you acquire? What sort of turnover and profitability will you be achieving per annum?

2. You have a Business Plan

You should now have an operational plan covering
team,
time,
money,
systems and procedures,
leadership,
day to day management,
marketing,
sales,
planning

3. You have a fully functional and accurate budget for the new year
No rocket science required here. To make better decisions around your business and to keep score as accurately as possible, it is imperative to have an updated budget.

4. Your Business Goals are clear
Do you have 5-10 written down (must be in writing) goals around what you want to be, do or have for 2008?
If not you must start now.

5. Your Personal Goals are clear
What do you want to achieve in these life categories.
Finances
Business and Career
Family and Social Relationships
Spiritual
Intellectual (What skill or knowledge you want to acquire)
Health and Vitality

Business Plan Secrets Revealed. How to sell your ideas to investors.
Write a readable plan that attracts the most investors and makes your business the most appealing choice.




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