Strategic Business Planning
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A business plan provides you with a step-by-step guide to:
- Analyze
your existing business or determine the feasibility and desirability
of starting
a new one
- Rate your company and evaluate strategic areas needing improvement
or needing
implementation
- Evaluate your organizational structure
- Raise capital from outside
sources
- Develop a detailed marketing and operation plan
It should consist of: 1) a description of the business; 2) a sales
strategy to sell your
product or service; 3) a marketing plan; 4) a financial management
plan; and 5) a detailed
operation plan outlining what key projects will be implemented – all
progress is made
project by project.
In the daily routine of running a business, we can easily lose
sight of the big picture. A well
defined strategic business plan will set the course for growth
and maintain focus of the key
result areas for achieving such growth. Execution is the key to
effectiveness. Ask yourself,
“
What is our Purpose, Strategy, Assumptions, Potential, and Resources
Needed?” Then
develop Actions in Sequence – including accountabilities,
dates, and invested time, money
and other resources.
We can begin the process by rating your company
and evaluating the strategic areas
needing improvement.
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