business planning

a one-off Business Boost special

In this Business Boost special, we are publishing our How2Guide on Business Planning. These guides are eclusively for the use of our members - but from time to time we will put one on general release for a limited time. Use our guide to help you develop your own Business Plan, or to make certain that your current one is u-to-date and does the job.

Business Planning is an important part of the business cycle.  Your business plan should link up with the strategic plan.  Where the strategic plan is a high level document, dealing in broad themes, the business plan needs to be much more detailed.  This document provides specific direction about precisely what the organisation intends to do in the coming period, how it intends to pay for it, and the revenues that are likely to come in.  For managers, the business plan should outline what the organisation expects them to deliver.  For investors, the business plan should be an accurate synopsis of how the business will perform.  Clearly, accuracy is key in business planning.  Anyone can invent numbers and present them as forecasts.  In business planning, that is not good enough.  You need to be able to deal in good quality data.  Often as not, your credibility as a manager depends on the extent to which you are able to accurately predict what the business will achieve.

The topics covered in the PDF include:

Sample Structure of a Business Plan

  1. Outline of Your Business & Summary of the Plan
  2. Core Values
  3. Summary of Your Business to Date
  4. Description of Your Strategy
  5. Marketing Plan
  6. Team and Management
  7. Budgets and Forecasts
  8. Analysis of Key Risks

Also Included

Using a Business Plan to Pitch for Funding

Setting Out The Case

Establishing Timescales

 

 

Click the icon, below, to download a PDF page on Business Planning.

This One Minute Boost will remain on this website for free download until 6th March 2011.

(c) 2011 Business & Knowledge Gym

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